Shares of Leon's Furniture Limited (TSE:LNF - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$27.22 and traded as low as C$25.54. Leon's Furniture shares last traded at C$25.88, with a volume of 25,453 shares traded.
Analyst Ratings Changes
A number of brokerages recently commented on LNF. CIBC set a C$29.00 target price on Leon's Furniture and gave the company a "neutral" rating in a research report on Tuesday, December 17th. Stifel Nicolaus set a C$30.00 price objective on Leon's Furniture and gave the company a "hold" rating in a report on Wednesday, October 23rd. Stifel Canada upgraded Leon's Furniture to a "hold" rating in a report on Tuesday, October 22nd. Finally, National Bank Financial raised shares of Leon's Furniture to a "strong-buy" rating in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$29.25.
Get Our Latest Analysis on LNF
Leon's Furniture Stock Up 0.1 %
The company has a market cap of C$1.76 billion, a P/E ratio of 13.34 and a beta of 0.82. The company has a debt-to-equity ratio of 38.14, a current ratio of 1.38 and a quick ratio of 0.53. The stock has a fifty day moving average price of C$25.55 and a two-hundred day moving average price of C$27.23.
Insiders Place Their Bets
In other news, Senior Officer John Andrew Cooney sold 7,000 shares of the company's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of C$26.15, for a total value of C$183,043.70. Insiders own 69.49% of the company's stock.
Leon's Furniture Company Profile
(
Get Free Report)
Leon's Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country's commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.
Featured Stories
Before you consider Leon's Furniture, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Leon's Furniture wasn't on the list.
While Leon's Furniture currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
