Xtep International (OTCMKTS:XTEPY) Shares Gap Up – Should You Buy?

Shares of Xtep International Holdings Ltd. (OTCMKTS:XTEPYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $43.6450, but opened at $45.75. Xtep International shares last traded at $45.75, with a volume of 100 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research cut Xtep International from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Xtep International currently has an average rating of “Sell”.

Get Our Latest Stock Report on Xtep International

Xtep International Stock Up 2.8%

The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.02 and a current ratio of 2.37. The stock has a 50 day moving average of $45.93 and a 200 day moving average of $52.68.

About Xtep International

(Get Free Report)

Xtep International Holdings Limited is a China-based sporting-goods company that designs, develops, markets and sells athletic footwear, apparel and accessories. Its products are primarily positioned for running, training and other sports and lifestyle activities, with offerings distributed through retail stores, e-commerce channels and other sales networks.

The company operates its core Xtep brand and has expanded its portfolio through international sportswear brands, including Saucony and Merrell.

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