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Anta Sports Products (OTCMKTS:ANPDF) Trading Up 5.6% - Still a Buy?

Anta Sports Products logo with Consumer Discretionary background

Key Points

  • Anta Sports Products (OTCMKTS:ANPDF) shares surged 5.6% during mid-day trading, reaching a price of $11.40.
  • The company recently increased its dividend to $1.37 per share, up from the previous $1.18, representing an impressive yield of 258.0%.
  • Anta Sports boasts a solid financial position with a quick ratio of 1.46 and a low debt-to-equity ratio of 0.18.
  • MarketBeat previews the top five stocks to own by November 1st.

Anta Sports Products Ltd. (OTCMKTS:ANPDF - Get Free Report) shares shot up 5.6% during mid-day trading on Tuesday . The company traded as high as $11.40 and last traded at $11.40. 850 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 2,257 shares. The stock had previously closed at $10.80.

Anta Sports Products Stock Up 5.6%

The company has a quick ratio of 1.46, a current ratio of 1.84 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $12.37 and a 200-day simple moving average of $11.79.

Anta Sports Products Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, September 23rd. Investors of record on Wednesday, September 10th were paid a dividend of $1.37 per share. The ex-dividend date of this dividend 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

(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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