Ever-Glory International Group (NASDAQ:EVK) Stock Price Up 5.6%

Shares of Ever-Glory International Group Inc (NASDAQ:EVK) rose 5.6% during mid-day trading on Friday . The company traded as high as $1.17 and last traded at $1.13, approximately 142,150 shares were traded during trading. An increase of 233% from the average daily volume of 42,627 shares. The stock had previously closed at $1.07.

EVK has been the topic of a number of recent research reports. TheStreet downgraded Ever-Glory International Group from a “c-” rating to a “d” rating in a research report on Monday, June 1st. ValuEngine upgraded Ever-Glory International Group from a “sell” rating to a “hold” rating in a report on Wednesday.

The company has a debt-to-equity ratio of 0.07, a current ratio of 1.38 and a quick ratio of 0.98. The firm has a fifty day moving average price of $1.18 and a two-hundred day moving average price of $1.13. The stock has a market capitalization of $16.74 million, a PE ratio of -22.60 and a beta of 0.21.

Ever-Glory International Group (NASDAQ:EVK) last issued its quarterly earnings results on Friday, May 15th. The textile maker reported ($0.18) earnings per share for the quarter. Ever-Glory International Group had a negative return on equity of 0.80% and a negative net margin of 0.27%. The business had revenue of $58.36 million during the quarter.

Ever-Glory International Group Company Profile (NASDAQ:EVK)

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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