Ever-Glory International Group’s (EVK) “Neutral” Rating Reiterated at Independent Research

Independent Research reissued their neutral rating on shares of Ever-Glory International Group (NASDAQ:EVK) in a research report report published on Tuesday morning, Stock Target Advisor reports. The brokerage currently has a $27.00 target price on the textile maker’s stock.

Other analysts have also recently issued reports about the company. ValuEngine raised Ever-Glory International Group from a sell rating to a hold rating in a research report on Friday, October 25th. Nord/LB reissued a neutral rating and issued a $24.00 target price on shares of Ever-Glory International Group in a research report on Tuesday. Barclays reissued a neutral rating and issued a $24.00 target price on shares of Ever-Glory International Group in a research report on Monday, October 21st. Credit Suisse Group reissued a neutral rating and issued a $25.00 target price on shares of Ever-Glory International Group in a research report on Tuesday. Finally, Baader Bank reissued a buy rating and issued a $29.00 target price on shares of Ever-Glory International Group in a research report on Tuesday, October 29th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Ever-Glory International Group currently has an average rating of Hold and an average target price of $26.40.

Shares of NASDAQ EVK opened at $2.65 on Tuesday. The stock has a market cap of $46.24 million, a PE ratio of 4.59 and a beta of 0.51. 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 has a 52-week low of $2.35 and a 52-week high of $4.20. The business has a 50-day moving average price of $3.20 and a 200 day moving average price of $3.28.

Ever-Glory International Group (NASDAQ:EVK) last announced its earnings results on Wednesday, August 14th. The textile maker reported $0.13 earnings per share (EPS) for the quarter. The firm 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%.

An institutional investor recently bought a new position 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 second quarter, according to its most recent disclosure with the SEC. The firm acquired 13,894 shares of the textile maker’s stock, valued at approximately $40,000. Citadel Advisors LLC owned 0.09% of Ever-Glory International Group at the end of the most recent quarter. 0.50% of the stock is owned by institutional investors and hedge funds.

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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Analyst Recommendations for Ever-Glory International Group (NASDAQ:EVK)

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