361 Degrees International (OTCMKTS:TSIOF) Shares Gap Down - What's Next?

Key Points

• 361 Degrees International Limited shares gapped down from $0.78 to $0.68 at opening, reflecting a 13.3% decline.
• The company has a solid financial position with a current ratio of 3.59 and a debt-to-equity ratio of 0.02.
• 361 Degrees operates in the sports goods sector in China, offering footwear, apparel, and accessories for both adults and children.

Shares of 361 Degrees International Limited (OTCMKTS:TSIOF - ) gapped down before the market opened on Tuesday . The stock had previously closed at $0.78, but opened at $0.68. 361 Degrees International shares last traded at $0.68, with a volume of 218 shares.

361 Degrees International Trading Down 13.3%

The business has a 50-day moving average price of $0.77 and a two-hundred day moving average price of $0.63. The company has a current ratio of 3.59, a quick ratio of 2.96 and a debt-to-equity ratio of 0.02.

361 Degrees International Company Profile

361 Degrees International Limited, an investment holding company, manufactures and trades in sporting goods in the People's Republic of China. It operates in two segments, Adults and Kids. The company offers adult and children footwear, apparels, and accessories for sports and life under the 361º core and 361º Kids brands.

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