Ever-Glory Int’l Downgraded to Hold at TheStreet (EVK)
Ever-Glory Int’l (NYSE:EVK) was downgraded by equities research analysts at TheStreet from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports.
The analysts wrote, “Ever-Glory International Group (AMEX:EVK) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its solid stock price performance and revenue growth. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company’s earnings per share, deteriorating net income and poor profit margins.”
Ever-Glory Int’l (NYSE:EVK) traded down 2.62% on Wednesday, hitting $7.05. The stock had a trading volume of 12,316 shares. Ever-Glory Int’l has a 1-year low of $1.89 and a 1-year high of $8.50. The stock has a 50-day moving average of $7.23 and a 200-day moving average of $5.6. The company has a market cap of $104.2 million and a P/E ratio of 6.79.
Ever-Glory International Group, Inc (NYSE:EVK) is a holding company.
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