Ever-Glory International Group (NASDAQ:EVK) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Ever-Glory International Group (NASDAQ:EVKGet Rating) in a research report report published on Wednesday. The firm issued a hold rating on the textile maker’s stock.

Shares of Ever-Glory International Group stock opened at $1.27 on Wednesday. Ever-Glory International Group has a 1 year low of $1.09 and a 1 year high of $6.22. The firm’s 50-day moving average is $1.64 and its two-hundred day moving average is $2.22. The stock has a market cap of $18.81 million, a price-to-earnings ratio of -127.00 and a beta of -0.67.

An institutional investor recently raised its position in Ever-Glory International Group stock. Citadel Advisors LLC boosted its holdings in shares of Ever-Glory International Group, Inc. (NASDAQ:EVKGet Rating) by 62.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,344 shares of the textile maker’s stock after acquiring 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 and Exchange Commission (SEC). 1.35% of the stock is currently 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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