Xtep International (OTCMKTS:XTEPY) Hits New 52-Week Low – What’s Next?

Xtep International Holdings Ltd. (OTCMKTS:XTEPY)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $44.24 and last traded at $44.7320, with a volume of 148 shares. The stock had previously closed at $47.00.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Xtep International to a “hold” rating in a research note on Wednesday, June 10th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

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’s 50-day moving average price is $51.82 and its 200-day moving average price is $59.50.

About Xtep International

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.