Leatt Co. (OTCMKTS:LEAT) Short Interest Down 37.5% in March

Leatt Co. (OTCMKTS:LEAT – Get Rating) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 500 shares, a decline of 37.5% from the March 15th total of 800 shares. Based on an average daily volume of 10,500 shares, the short-interest ratio is presently 0.0 days.

Shares of LEAT traded down $1.70 during midday trading on Monday, reaching $25.00. 13,900 shares of the stock were exchanged, compared to its average volume of 7,185. Leatt has a twelve month low of $13.10 and a twelve month high of $38.00. The company has a market capitalization of $144.80 million, a price-to-earnings ratio of 12.26 and a beta of 1.83. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.38 and a quick ratio of 1.26. The business’s 50-day moving average price is $26.30 and its 200 day moving average price is $27.41.

Leatt (OTCMKTS:LEAT – Get Rating) last posted its quarterly earnings data on Thursday, March 10th. The company reported $0.62 earnings per share for the quarter. The company had revenue of $23.18 million during the quarter. Leatt had a net margin of 17.35% and a return on equity of 55.85%.

Leatt Company Profile (Get Rating)

Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck.

Featured Stories