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Anta Sports Products (OTCMKTS:ANPDF) Shares Gap Down - Should You Sell?

Anta Sports Products logo with Consumer Discretionary background

Key Points

  • Anta Sports Products shares gapped down from a closing price of $11.40 to an opening price of $10.80, indicating potential volatility in the stock market.
  • The company announced an increase in its dividend from $1.18 to $1.37, resulting in a significantly high yield of 258.0%.
  • Anta Sports Products is engaged in the design and marketing of a wide range of sports apparel and accessories under various brands, including FILA and ANTA.
  • Interested in Anta Sports Products? Here are five stocks we like better.

Anta Sports Products Ltd. (OTCMKTS:ANPDF - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $11.40, but opened at $10.80. Anta Sports Products shares last traded at $10.80, with a volume of 600 shares traded.

Anta Sports Products Price Performance

The stock has a 50-day moving average of $12.16 and a two-hundred day moving average of $11.74.

Anta Sports Products Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 10th were given a $1.37 dividend. The ex-dividend date was Tuesday, September 9th. This is an increase from Anta Sports Products's previous dividend of $1.18. This represents a yield of 258.0%.

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.

Further Reading

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