Xtep International (OTCMKTS:XTEPY) Hits New 52-Week Low – Here’s Why

Shares of Xtep International Holdings Ltd. (OTCMKTS:XTEPYGet Free Report) reached a new 52-week low on Thursday . The company traded as low as $43.24 and last traded at $43.24, with a volume of 10 shares changing hands. The stock had previously closed at $45.1450.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Xtep International from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Xtep International

Xtep International Price Performance

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 company has a 50-day moving average of $46.65 and a 200 day moving average of $54.12.

About Xtep International

(Get Free Report)

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.

Further Reading

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