Leon’s Furniture (OTCMKTS:LEFUF) Shares Up 1.6% – Should You Buy?

Shares of Leon’s Furniture Limited (OTCMKTS:LEFUF) shot up 1.6% during trading on Monday . The company traded as high as $17.75 and last traded at $17.75. 3,776 shares changed hands during trading, an increase of 66% from the average session volume of 2,278 shares. The stock had previously closed at $17.47.

Analyst Ratings Changes

A number of research firms have recently commented on LEFUF. Royal Bank Of Canada restated an “outperform” rating on shares of Leon’s Furniture in a report on Monday, May 11th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Leon’s Furniture in a report on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Leon’s Furniture Trading Up 1.6%

The business has a fifty day moving average price of $18.41 and a 200 day moving average price of $19.55.

About Leon’s Furniture

Leon’s Furniture Ltd. is a Canadian home furnishings retailer that designs, sources and sells a broad assortment of furniture, mattresses, home décor, major appliances and home electronics. Founded in 1909 in Welland, Ontario, the company has grown from a local family business into one of Canada’s largest omni-channel home retailers. Leon’s operates an integrated network of brick-and-mortar showrooms, distribution centres and a proprietary e-commerce platform, serving residential customers across every Canadian province.

The company’s product portfolio spans living room, dining room and bedroom collections, as well as customized upholstered pieces and a wide array of household essentials.