Ever-Glory International Group (NASDAQ:EVK) Getting Somewhat Negative News Coverage, Report Shows

Press coverage about Ever-Glory International Group (NASDAQ:EVK) has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ever-Glory International Group earned a daily sentiment score of -1.29 on their scale. InfoTrie also gave press coverage about the textile maker an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Ever-Glory International Group’s score:

EVK opened at $2.65 on Friday. The firm has a market cap of $46.24 million, a price-to-earnings ratio of 4.59 and a beta of 0.51. Ever-Glory International Group has a fifty-two week low of $2.35 and a fifty-two week high of $4.20. The company’s 50-day moving average price is $3.20 and its 200 day moving average price is $3.28. 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 quarterly earnings data on Wednesday, August 14th. The textile maker reported $0.13 earnings per share for the quarter. The firm had revenue of $77.32 million for the quarter. Ever-Glory International Group had a net margin of 2.35% and a return on equity of 9.10%.

A number of brokerages have recently issued reports on EVK. Baader Bank restated a “buy” rating and issued a $29.00 target price on shares of Ever-Glory International Group in a research note on Tuesday, October 29th. Warburg Research restated a “buy” rating and issued a $36.00 target price on shares of Ever-Glory International Group in a research note on Tuesday. UBS Group restated a “sell” rating and issued a $20.00 target price on shares of Ever-Glory International Group in a research note on Tuesday. Sanford C. Bernstein restated a “buy” rating and issued a $30.00 target price on shares of Ever-Glory International Group in a research note on Tuesday. Finally, ValuEngine upgraded shares of Ever-Glory International Group from a “sell” rating to a “hold” rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $26.40.

Ever-Glory International Group Company Profile

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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