Xtep International Holdings Ltd. (OTCMKTS:XTEPY – Get Free Report)’s share price gapped up before the market opened on Wednesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $47.00, but opened at $49.18. Xtep International shares last traded at $49.18, with a volume of 20 shares.
Xtep International Stock Performance
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 has a 50 day moving average price of $51.63 and a 200 day moving average price of $59.32.
Xtep International Company Profile
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.
Featured Stories
- Five stocks we like better than Xtep International
- Microsoft Earnings Are Coming—But Azure and CapEx Will Decide the Reaction
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
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.
