Leon's Furniture Limited (TSE:LNF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$25.57 and traded as high as C$28.00. Leon's Furniture shares last traded at C$27.82, with a volume of 43,880 shares.
Analyst Ratings Changes
Several brokerages have recently weighed in on LNF. Acumen Capital set a C$34.00 price objective on Leon's Furniture and gave the company a "buy" rating in a report on Wednesday, August 21st. Stifel Canada raised Leon's Furniture to a "hold" rating in a report on Tuesday, October 22nd. Finally, Stifel Nicolaus set a C$30.00 price target on shares of Leon's Furniture and gave the stock a "hold" rating in a research report on Wednesday, October 23rd.
Read Our Latest Report on Leon's Furniture
Leon's Furniture Stock Down 3.1 %
The company has a quick ratio of 0.53, a current ratio of 1.42 and a debt-to-equity ratio of 41.88. The stock has a market cap of C$1.84 billion, a P/E ratio of 12.60 and a beta of 0.82. The firm has a 50 day simple moving average of C$28.84 and a 200-day simple moving average of C$25.58.
Leon's Furniture (TSE:LNF - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported C$0.44 EPS for the quarter. The firm had revenue of C$617.66 million during the quarter. Leon's Furniture had a net margin of 5.84% and a return on equity of 14.68%. On average, equities research analysts forecast that Leon's Furniture Limited will post 2.2104466 earnings per share for the current fiscal year.
Insider Activity at Leon's Furniture
In other news, Senior Officer John Andrew Cooney sold 3,800 shares of the stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$30.00, for a total transaction of C$114,000.00. 69.49% of the stock is owned by company insiders.
About Leon's Furniture
(
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Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon's and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.
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