Shenzhou International Group (OTCMKTS:SHZHY) Sets New 12-Month Low – Here’s What Happened

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $4.99 and last traded at $5.14, with a volume of 23138 shares trading hands. The stock had previously closed at $5.40.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Shenzhou International Group to a “hold” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Shenzhou International Group has a consensus rating of “Hold”.

Shenzhou International Group Stock Down 4.8%

The company’s fifty day moving average price is $5.92 and its two-hundred day moving average price is $7.06.

About Shenzhou International Group

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.