Anta Sports Products (OTCMKTS:ANPDF) Shares Gap Down - What's Next?

Key Points

• Anta Sports Products shares experienced a significant decline, gapping down from a previous close of $12.75 to an opening price of $11.00, with trading volume of 350 shares.
• The company recently declared a dividend of $1.18 per share, yielding an impressive 288.0%, which was paid to stockholders of record on May 13th.
• Financial metrics indicate a healthy balance with a debt-to-equity ratio of 0.18 and liquidity ratios of 1.84 and 1.46 for current and quick ratios, respectively.

Anta Sports Products Ltd. (OTCMKTS:ANPDF - ) shares gapped down prior to trading on Monday . The stock had previously closed at $12.75, but opened at $11.00. Anta Sports Products shares last traded at $11.00, with a volume of 350 shares trading hands.

Anta Sports Products Price Performance

The stock's 50-day moving average is $12.12 and its 200 day moving average is $11.37. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.84 and a quick ratio of 1.46.

Anta Sports Products Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, May 26th. Stockholders of record on Tuesday, May 13th were paid a dividend of $1.18 per share. This represents a dividend yield of 288.0%. The ex-dividend date was Monday, May 12th.

About Anta Sports Products

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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