Xtep International Holdings Ltd. (OTCMKTS:XTEPY – Get Free Report) reached a new 52-week low during trading on Thursday after Zacks Research downgraded the stock from a strong-buy rating to a strong sell rating. The company traded as low as $44.00 and last traded at $44.00, with a volume of 40 shares. The stock had previously closed at $45.9584.
Xtep International Stock Down 1.7%
The company has a quick ratio of 2.02, a current ratio of 2.37 and a debt-to-equity ratio of 0.12. The business’s 50 day moving average is $46.87 and its 200 day moving average is $54.70.
About Xtep International
Xtep International Holdings Limited engages in the design, development, manufacture, sale, and marketing and brand management of sports footwear, apparel, and accessories. The company sells its products primarily under the XTEP brand, as well as Palladium, K-Swiss, Saucony, and Merrell brand names. It is also involved in the trading of sportswear products. As of March 18, 2021, the company managed an extensive distribution network with exclusive distributors that operated approximately 6,000 stores covering 31 provinces, autonomous regions, and municipalities in the People's Republic of China and internationally.
See Also
- Five stocks we like better than Xtep International
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Xtep International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtep International and related companies with MarketBeat.com's FREE daily email newsletter.
