Shenzhou International Group (OTCMKTS:SHZHY) Trading Up 2% – Still a Buy?

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) shares rose 2% during mid-day trading on Thursday . The company traded as high as $6.67 and last traded at $6.67. Approximately 11,905 shares changed hands during trading, an increase of 4% from the average daily volume of 11,424 shares. The stock had previously closed at $6.54.

Shenzhou International Group Stock Performance

The firm has a 50-day moving average price of $7.73 and a two-hundred day moving average price of $8.08.

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.