Anta Sports Products (OTCMKTS:ANPDF) Shares Gap Up - Time to Buy?

Key Points

• Anta Sports Products shares gapped up from $10.80 to $11.40 before market opening, indicating a recent increase in trading activity.
• The company declared a dividend increase to $1.37 per share, reflecting a substantial yield of 258.0% compared to the previous dividend of $1.18.
• Anta Sports maintains a strong financial position with a debt-to-equity ratio of 0.18, along with solid liquidity ratios of 1.46 (quick ratio) and 1.84 (current ratio).

Anta Sports Products Ltd. (OTCMKTS:ANPDF - ) gapped up before the market opened on Tuesday . The stock had previously closed at $10.80, but opened at $11.40. Anta Sports Products shares last traded at $11.40, with a volume of 850 shares trading hands.

Anta Sports Products Trading Up 5.6%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.46 and a current ratio of 1.84. The business's 50-day simple moving average is $12.39 and its 200 day simple moving average is $11.79.

Anta Sports Products Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 10th were given a dividend of $1.37 per share. 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%.

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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