Xtep International (OTCMKTS:XTEPY) Sees Large Volume Increase – Here’s What Happened

Shares of Xtep International Holdings Ltd. (OTCMKTS:XTEPYGet Free Report) saw strong trading volume on Wednesday . 273 shares traded hands during trading, an increase of 83% from the previous session’s volume of 149 shares.The stock last traded at $43.00 and had previously closed at $43.23.

Analyst Ratings Changes

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

View Our Latest Analysis on Xtep International

Xtep International Price Performance

The company has a 50 day moving average of $46.17 and a 200-day moving average of $53.39. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.02 and a current ratio of 2.37.

Xtep International Company Profile

(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.

Further Reading

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