Shenzhou International Group (OTCMKTS:SHZHY) Raised to “Hold” at Zacks Research

Shenzhou International Group (OTCMKTS:SHZHY) was upgraded by analysts at Zacks Research to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Shenzhou International Group Price Performance

Shares of OTCMKTS SHZHY remained flat at $6.16 during midday trading on Monday. 9,138 shares of the company were exchanged, compared to its average volume of 12,044. The stock has a 50 day moving average price of $7.27 and a 200 day moving average price of $7.94. Shenzhou International Group has a twelve month low of $5.79 and a twelve month high of $9.40.

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.