Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney Sells 7,000 Shares of Stock

Leon’s Furniture Limited (TSE:LNF) Senior Officer John Andrew Cooney sold 7,000 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of C$26.15, for a total value of C$183,043.70.

Leon’s Furniture Stock Performance

Shares of Leon’s Furniture stock opened at C$26.34 on Tuesday. The company has a debt-to-equity ratio of 41.88, a current ratio of 1.42 and a quick ratio of 0.53. The firm has a market cap of C$1.80 billion, a price-to-earnings ratio of 12.31 and a beta of 0.82. The stock’s 50-day moving average is C$27.48 and its 200-day moving average is C$26.44. Leon’s Furniture Limited has a one year low of C$18.12 and a one year high of C$30.64.

Leon’s Furniture Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Monday, December 9th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.04%. The ex-dividend date is Monday, December 9th. Leon’s Furniture’s payout ratio is 37.38%.

Analyst Ratings Changes

LNF has been the topic of several recent analyst reports. Acumen Capital set a C$34.00 price objective on Leon’s Furniture and gave the company a “buy” rating in a research report on Wednesday, August 21st. Stifel Canada raised shares of Leon’s Furniture to a “hold” rating in a research note on Tuesday, October 22nd. Finally, Stifel Nicolaus set a C$30.00 price objective on shares of Leon’s Furniture and gave the stock a “hold” rating in a research report on Wednesday, October 23rd.

About Leon’s Furniture

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.