Xtep International (XTEPY) Raised to Hold at Zacks Investment Research
Xtep International (NASDAQ:XTEPY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Thursday.
According to Zacks, “Xtep International Holdings Limited is engaged in the designing, developing, manufacturing and marketing sportswear, including footwear, apparel and accessory products. Its products are sold under the Xtep brand and the Koling brand. It sells its products through its distribution network comprising distributors and third-party retailers, as well as online. Xtep International Holdings Limited is headquartered in Quanzhou, the People’s Republic of China. “
Shares of Xtep International (NASDAQ:XTEPY) opened at 33.69 on Thursday. The stock’s 50 day moving average is $50.23 and its 200-day moving average is $49.56. The company has a market cap of $747.82 million and a PE ratio of 10.87. Xtep International has a one year low of $33.69 and a one year high of $45.92.
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