Xtep International (OTCMKTS:XTEPY) Hits New 1-Year Low – Should You Sell?

Xtep International Holdings Ltd. (OTCMKTS:XTEPY)’s share price reached a new 52-week low on Thursday . The company traded as low as $44.00 and last traded at $44.00, with a volume of 40 shares traded. The stock had previously closed at $45.9584.

Analysts Set New Price Targets

Separately, Zacks Research raised Xtep International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, Xtep International presently has a consensus rating of “Strong Buy”.

Xtep International Stock 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 business has a 50-day moving average of $47.10 and a two-hundred day moving average of $54.94.

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.