Ever-Glory International Group (NASDAQ:EVK) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Ever-Glory International Group (NASDAQ:EVKGet Rating) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the textile maker’s stock.

Shares of EVK opened at $1.56 on Tuesday. The company has a market cap of $23.11 million, a PE ratio of -156.00 and a beta of -0.67. The business has a fifty day moving average of $1.71 and a 200 day moving average of $2.27. Ever-Glory International Group has a 52-week low of $1.09 and a 52-week high of $6.22.

An institutional investor recently raised its position in Ever-Glory International Group stock. Citadel Advisors LLC grew its holdings in Ever-Glory International Group, Inc. (NASDAQ:EVKGet Rating) by 62.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,344 shares of the textile maker’s stock after purchasing an additional 12,778 shares during the period. Citadel Advisors LLC owned about 0.23% of Ever-Glory International Group worth $97,000 as of its most recent filing with the Securities & Exchange Commission. 1.35% of the stock is owned by institutional investors.

Ever-Glory International Group Company Profile (Get Rating)

Ever-Glory International Group, Inc, together with its subsidiaries, manufactures, supplies, and retails apparel in Mainland China, Hong Kong, Germany, the United Kingdom, Europe, Japan, and the United States. It operates through two segments, Wholesale and Retail. The company primarily offers casual wear, outerwear, and sportswear.

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