Anta Sports Products (OTCMKTS:ANPDF) Shares Down 7% - Here's What Happened

Key Points

• Shares of Anta Sports Products dropped 7% to $11.86, significantly increasing trading volume by 3,542% compared to average daily volume.
• The company maintains a current ratio of 1.84 and a low debt-to-equity ratio of 0.18, indicating relatively strong financial health.
• Anta Sports offers a diverse product portfolio under several brands, including FILA, ANTA, and others, targeting various sports and activities.

Shares of Anta Sports Products Ltd. (OTCMKTS:ANPDF - ) dropped 7% during trading on Monday . The stock traded as low as $11.00 and last traded at $11.86. Approximately 1,200 shares traded hands during trading, an increase of 3,542% from the average daily volume of 33 shares. The stock had previously closed at $12.75.

Anta Sports Products Trading Down 7.0%

The company has a current ratio of 1.84, a quick ratio of 1.46 and a debt-to-equity ratio of 0.18. The company's 50-day moving average is $12.12 and its 200 day moving average is $11.38.

Anta Sports Products Company Profile

ANTA Sports Products Limited, together with its subsidiaries, engages in the research and development, design, manufacturing, and marketing of shoes, apparel, and accessories in the Mainland of China, Hong Kong, Macao, and internationally. The company's products portfolio includes running, cross-training, basketball, professional competition, training, physical education classes, outdoor sports, triathlon, golf, skiing, camping, hiking, urban outdoor, tennis, and other sports under the FILA, FILA KIDS, FILA FUSION, AMER, KOLON SPORT, ANTA, DESCENTE, and ANTA KIDS brands.

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