Xtep International (OTCMKTS:XTEPY) Shares Gap Up – What’s Next?

Xtep International Holdings Ltd. (OTCMKTS:XTEPY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $54.49, but opened at $57.10. Xtep International shares last traded at $57.10, with a volume of 3 shares.

Xtep International Stock Performance

The company has a current ratio of 2.37, a quick ratio of 2.02 and a debt-to-equity ratio of 0.12. The company’s fifty day simple moving average is $55.71 and its 200-day simple moving average is $64.14.

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.