Xtep International (OTCMKTS:XTEPY) Reaches New 1-Year Low – Here’s Why
by Sarita Garza · The Markets DailyXtep International Holdings Ltd. (OTCMKTS:XTEPY – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $56.5155 and last traded at $56.5155, with a volume of 2 shares. The stock had previously closed at $59.5650.
Xtep International Trading Up 0.3%
The company has a fifty day simple moving average of $63.25 and a two-hundred day simple moving average of $68.05. The company has a current ratio of 2.37, a quick ratio of 2.02 and a debt-to-equity ratio of 0.12.
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.