Somewhat Positive News Coverage Somewhat Unlikely to Impact Ever-Glory International Group (EVK) Share Price
News headlines about Ever-Glory International Group (NASDAQ:EVK) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ever-Glory International Group earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the textile maker an impact score of 45.0687029365036 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, TheStreet lowered shares of Ever-Glory International Group from a “c-” rating to a “d+” rating in a research note on Friday, August 11th.
Shares of Ever-Glory International Group (NASDAQ EVK) traded up 2.04% during midday trading on Wednesday, hitting $2.50. 1,516 shares of the company’s stock traded hands. Ever-Glory International Group has a 1-year low of $1.87 and a 1-year high of $3.00. The company has a 50 day moving average price of $2.41 and a 200 day moving average price of $2.61. The firm has a market capitalization of $36.98 million, a price-to-earnings ratio of 4.84 and a beta of 2.37.
Ever-Glory International Group (NASDAQ:EVK) last released its quarterly earnings results on Monday, August 14th. The textile maker reported $0.18 EPS for the quarter. The firm had revenue of $79.77 million for the quarter. Ever-Glory International Group had a net margin of 1.99% and a return on equity of 9.32%.
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About Ever-Glory International Group
Ever-Glory International Group, Inc (Ever-Glory), through its subsidiaries, is a retailer of branded fashion apparel. Ever-Glory is also a global apparel supply chain solution provider with a focus on casual wear, outerwear and sportswear brands. The Company operates through two segments: Wholesale and Retail.
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