361 Degrees International Ltd (1361)

What is 361 Degrees International Ltd (1361)?

361 Degrees International Limited is a China-based company engaged in the production and sale of adult and children's sporting goods, footwear, clothing and accessories. The company also operates a gas station. Degrees International Limited was founded in 2003 and is headquartered in Xiamen, People's Republic of China.

1361, is it a good pick?

Last year retail sales of its separately managed Kids Brand products grew 15% to 20% during the quarter year over year. On August 24th the latest results were shown with an income of 3,107,109M. Hong Kong´s benchmark Hang Seng index fell as much as 1.6 % to its lowest level in almost a year before paring losses to close down 0.2%. They are awaiting news about the meeting between Russian and Ukrainian delegations to negotiate a way out of the war.

Technical analysis

From Dec 28th to Jan 31st the share price went up 16.80% to a price of $0.4977. From Jan 31st to Feb 28th the share price went down -15.34% to a price of $0.4219. The MACD shows us the lines crossing and the RSI is in the neutral zone and the market is falling, therefore share price could drop by -4.22% to a price of $0.4041.