Xtep International (OTCMKTS:XTEPY) Shares Gap Up – What’s Next?

Xtep International Holdings Ltd. (OTCMKTS:XTEPYGet Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $47.00, but opened at $49.94. Xtep International shares last traded at $46.54, with a volume of 105 shares traded.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on XTEPY

Xtep International Stock Performance

The stock’s 50-day moving average is $51.08 and its 200 day moving average is $58.70. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.37 and a quick ratio of 2.02.

Xtep International Company Profile

(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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