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

Xtep International (OTCMKTS:XTEPY) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Xtep International Stock Down 4.8%

Shares of OTCMKTS XTEPY opened at $44.73 on Tuesday. Xtep International has a twelve month low of $44.24 and a twelve month high of $84.94. The company has a quick ratio of 2.02, a current ratio of 2.37 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $51.82 and a 200-day simple moving average of $59.50.

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.