ANTA Sports Products (OTCMKTS:ANPDF) Downgraded by Zacks Investment Research to Sell

Zacks Investment Research downgraded shares of ANTA Sports Products (OTCMKTS:ANPDFGet Rating) from a hold rating to a sell rating in a research note released on Thursday, Zacks.com reports.

According to Zacks, “ANTA Sports Products Limited designs, develops, manufactures, trades, distributes, and markets sportswear in the People’s Republic of China. The company’s products include footwear, apparel, and accessories for professionals and the general public. ANTA Sports Products Limited is headquartered in Jinjiang City, the People’s Republic of China. “

Shares of OTCMKTS:ANPDF traded up $0.07 during midday trading on Thursday, reaching $10.63. 1,850 shares of the company were exchanged, compared to its average volume of 1,933. ANTA Sports Products has a fifty-two week low of $10.19 and a fifty-two week high of $24.99. The company has a current ratio of 2.50, a quick ratio of 2.02 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $11.98 and a two-hundred day simple moving average of $14.39.

ANTA Sports Products Company Profile (Get Rating)

ANTA Sports Products Limited, together with its subsidiaries, designs, develops, manufactures, and markets sporting footwear, apparel, and accessories worldwide. The company offers sportswear, including running, cross-training, basketball, soccer, boxing, winter sports, boxing, taekwondo, gymnastics, weightlifting, wrestling, outdoor sports, women's fitness, and skiing products, as well as sports fashion clothing, kid's sports fashion clothing and sportswear, and leisure footwear products under the FILA, FILA KIDS, FILA FUSION, KINGKOW, KOLON SPORT, SPRANDI, FILA FUSION, ANTA, DESCENTE, and ANTA KIDS brands.

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