Xtep International (OTCMKTS:XTEPY) Shares Gap Up – Should You Buy?

Shares of Xtep International Holdings Ltd. (OTCMKTS:XTEPYGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $43.6450, but opened at $45.75. Xtep International shares last traded at $45.75, with a volume of 100 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered 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 MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on Xtep International

Xtep International Price Performance

The stock has a 50 day moving average of $45.93 and a 200 day moving average of $52.68. The company has a quick ratio of 2.02, a current ratio of 2.37 and a debt-to-equity ratio of 0.12.

About Xtep International

(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.

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