Xtep International (XTEPY) Raised to Hold at Zacks Investment Research

Xtep International (OTCMKTS:XTEPY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday.

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 (OTCMKTS XTEPY) traded up $5.82 during mid-day trading on Tuesday, reaching $41.98. 100 shares of the company were exchanged, compared to its average volume of 200. Xtep International has a fifty-two week low of $36.16 and a fifty-two week high of $41.98. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.09 and a current ratio of 3.31.

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Xtep International Company Profile

Xtep International Holdings Limited designs, develops, manufactures, and markets sportswear primarily in the People's Republic of China. The company offers sportswear, including footwear, apparel, and accessory products primarily under the Xtep brand. It is also involved in the trading of sportswear.

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