Xtep International (OTCMKTS:XTEPY) Hits New 12-Month Low – Time to Sell?

Shares of Xtep International Holdings Ltd. (OTCMKTS:XTEPY) hit a new 52-week low during trading on Thursday . The stock 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.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Xtep International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock currently has an average rating of “Strong Buy”.

Xtep International Trading Down 2.6%

The stock’s 50 day moving average is $47.10 and its two-hundred day moving average is $54.94. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.37 and a quick ratio of 2.02.

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.