Ever-Glory International Group (NASDAQ:EVK) Posts Quarterly Earnings Results

Ever-Glory International Group (NASDAQ:EVK) issued its earnings results on Wednesday. The textile maker reported $0.13 EPS for the quarter, Morningstar.com reports. The company had revenue of $77.32 million during the quarter. Ever-Glory International Group had a return on equity of 10.42% and a net margin of 2.50%.

EVK stock remained flat at $$3.30 during midday trading on Thursday. The company had a trading volume of 900 shares, compared to its average volume of 938. The stock has a market capitalization of $48.69 million, a P/E ratio of 4.45 and a beta of 0.68. Ever-Glory International Group has a twelve month low of $2.35 and a twelve month high of $4.20. The company has a current ratio of 1.18, a quick ratio of 0.83 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average is $3.06.

Several research firms recently issued reports on EVK. ValuEngine downgraded Ever-Glory International Group from a “sell” rating to a “strong sell” rating in a research note on Monday. TheStreet downgraded Ever-Glory International Group from a “b-” rating to a “c” rating in a research note on Friday, June 7th.

A hedge fund recently bought a new stake in Ever-Glory International Group stock. Citadel Advisors LLC acquired a new stake in shares of Ever-Glory International Group Inc (NASDAQ:EVK) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 reporting period. 0.40% of the stock is currently owned by institutional investors and hedge funds.

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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Earnings History for Ever-Glory International Group (NASDAQ:EVK)

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