Shenzhou International Group (OTCMKTS:SHZHY) Reaches New 1-Year Low – Here’s Why

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) shares reached a new 52-week low on Thursday . The stock traded as low as $5.79 and last traded at $5.79, with a volume of 3304 shares traded. The stock had previously closed at $6.04.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Shenzhou International Group to a “hold” rating in a report on Monday, April 13th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Shenzhou International Group Stock Down 1.9%

The stock’s fifty day simple moving average is $6.67 and its 200 day simple moving average is $7.75.

Shenzhou International Group Company Profile

Shenzhou International Group Holdings Limited operates as a vertically integrated knitwear manufacturer, providing design, sourcing, knitting, dyeing, cutting and sewing services for major global apparel brands. Founded in 1992 and headquartered in Ningbo, Zhejiang Province, the company has grown from a single factory into one of China’s largest garment producers. Its comprehensive production network encompasses strategic locations throughout eastern and western China, enabling efficient supply chain management and capacity to meet demand across multiple seasons.

The company’s primary offerings include knitted sportswear, casual wear and performance apparel, which it supplies to internationally recognized partners such as Nike, Adidas, Uniqlo and Puma.