Ever-Glory International Group (NASDAQ:EVK) announced its quarterly earnings results on Tuesday. The textile maker reported ($0.04) earnings per share (EPS) for the quarter, Morningstar.com reports. Ever-Glory International Group had a net margin of 2.77% and a return on equity of 12.23%. The business had revenue of $87.96 million during the quarter.
Shares of NASDAQ:EVK traded down $0.10 during trading on Wednesday, reaching $3.50. The stock had a trading volume of 202 shares, compared to its average volume of 2,005. The firm has a market cap of $53.28 million, a PE ratio of 4.29 and a beta of 0.82. Ever-Glory International Group has a fifty-two week low of $2.55 and a fifty-two week high of $4.50.
Separately, ValuEngine downgraded shares of Ever-Glory International Group from a “hold” rating to a “sell” rating in a report on Monday.
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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