Ever-Glory International Group Inc (NASDAQ:EVK) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 300 shares, a decrease of 40.0% from the August 30th total of 500 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 700 shares, the short-interest ratio is currently 0.4 days.
Shares of EVK traded down $0.19 during mid-day trading on Friday, reaching $3.11. The company’s stock had a trading volume of 5 shares, compared to its average volume of 514. The business has a fifty day moving average of $3.24 and a 200 day moving average of $3.35. The company has a market cap of $48.85 million, a price-to-earnings ratio of 4.85 and a beta of 0.54. Ever-Glory International Group has a 1 year low of $2.35 and a 1 year high of $4.20. The company has a quick ratio of 0.85, a current ratio of 1.31 and a debt-to-equity ratio of 0.07.
Ever-Glory International Group (NASDAQ:EVK) last released its earnings results on Wednesday, August 14th. The textile maker reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $77.32 million during the quarter. Ever-Glory International Group had a return on equity of 9.10% and a net margin of 2.35%.
Separately, ValuEngine upgraded Ever-Glory International Group from a “strong sell” rating to a “sell” rating in a report on Monday, October 7th.
A hedge fund recently bought a new stake in Ever-Glory International Group stock. Citadel Advisors LLC acquired a new position in shares of Ever-Glory International Group Inc (NASDAQ:EVK) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,894 shares of the textile maker’s stock, valued at approximately $40,000. Citadel Advisors LLC owned approximately 0.09% of Ever-Glory International Group at the end of the most recent quarter. Institutional investors own 0.50% of the company’s stock.
About Ever-Glory International Group
Ever-Glory International Group, Inc manufactures, distributes, and retails apparel in the People's Republic of China, Germany, the United Kingdom, rest of Europe, Japan, and the United States. It operates in two segments, Wholesale and Retail. The company primarily offers casual wear, outerwear, and sportswear.
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