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

Shares of Xtep International Holdings Ltd. (OTCMKTS:XTEPY) reached a new 52-week low during trading on Thursday . The company traded as low as $43.24 and last traded at $43.24, with a volume of 10 shares. The stock had previously closed at $45.1450.

Wall Street Analyst Weigh In

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 investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Xtep International has a consensus rating of “Sell”.

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 has a 50 day simple moving average of $46.65 and a 200-day simple moving average of $54.12.

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.