Xtep International (OTCMKTS:XTEPY) Stock Rating Upgraded by Zacks Research

Xtep International (OTCMKTS:XTEPY) was upgraded by investment analysts at Zacks Research to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Xtep International Price Performance

Xtep International stock opened at $57.10 on Wednesday. Xtep International has a fifty-two week low of $50.77 and a fifty-two week high of $84.94. The firm’s 50-day simple moving average is $55.53 and its 200 day simple moving average is $63.60. 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

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.