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Anta Sports Products (OTCMKTS:ANPDF) Trading Down 7% - What's Next?

Anta Sports Products logo with Consumer Discretionary background

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.
  • Need better tools to track Anta Sports Products? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Anta Sports Products Ltd. (OTCMKTS:ANPDF - Get Free Report)'s share price fell 7% during trading on Monday . The company traded as low as $11.00 and last traded at $11.86. 1,200 shares changed hands during trading, an increase of 3,542% from the average session volume of 33 shares. The stock had previously closed at $12.75.

Anta Sports Products Stock Performance

The stock has a 50 day simple moving average of $12.13 and a 200-day simple moving average of $11.40. The company has a quick ratio of 1.46, a current ratio of 1.84 and a debt-to-equity ratio of 0.18.

About Anta Sports Products

(Get Free Report)

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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