Shares of Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY – Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 39,822 shares changed hands during trading, an increase of 227% from the previous session’s volume of 12,172 shares.The stock last traded at $5.43 and had previously closed at $5.38.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Shenzhou International Group to a “hold” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Shenzhou International Group presently has an average rating of “Hold”.
Read Our Latest Report on SHZHY
Shenzhou International Group Trading Up 6.3%
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.
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