Leon’s Furniture (TSE:LNF) Share Price Crosses Above Two Hundred Day Moving Average of $19.97

Leon’s Furniture Limited (TSE:LNF)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$19.97 and traded as high as C$22.87. Leon’s Furniture shares last traded at C$22.71, with a volume of 13,184 shares traded.

Analyst Ratings Changes

Separately, BMO Capital Markets upped their price objective on Leon’s Furniture from C$21.00 to C$23.00 in a report on Monday, February 26th.

Leon’s Furniture Trading Up 0.3 %

The firm has a market capitalization of C$1.54 billion, a P/E ratio of 11.24 and a beta of 0.76. The company has a debt-to-equity ratio of 44.13, a quick ratio of 0.53 and a current ratio of 1.34. The firm has a 50-day moving average of C$22.03 and a 200-day moving average of C$19.97.

Leon’s Furniture (TSE:LNF) last posted its earnings results on Wednesday, February 21st. The company reported C$0.72 earnings per share (EPS) for the quarter. Leon’s Furniture had a return on equity of 14.19% and a net margin of 5.66%. The company had revenue of C$686.90 million for the quarter. On average, equities research analysts anticipate that Leon’s Furniture Limited will post 2.0611111 EPS for the current fiscal year.

Leon’s Furniture Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 8th. Stockholders of record on Friday, March 8th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date of this dividend was Thursday, March 7th. Leon’s Furniture’s payout ratio is 35.64%.

Insider Buying and Selling at Leon’s Furniture

In related news, Senior Officer John Andrew Cooney sold 10,000 shares of Leon’s Furniture stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of C$22.64, for a total transaction of C$226,399.00. Insiders own 69.64% of the company’s stock.

Leon’s Furniture Company Profile

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.