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 on Wednesday,Zacks.com reports.

Xtep International Price Performance

OTCMKTS XTEPY opened at $57.10 on Wednesday. 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 50-day moving average of $55.53 and a two-hundred day moving average of $63.60. Xtep International has a 1-year low of $50.77 and a 1-year high of $84.94.

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.