Shenzhou International Group (OTCMKTS:SHZHY) Reaches New 52-Week Low – Here’s Why

Shares of Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY) hit a new 52-week low on Thursday . The company traded as low as $5.79 and last traded at $5.79, with a volume of 3304 shares changing hands. The stock had previously closed at $6.04.

Analysts Set New Price Targets

Separately, Zacks Research raised 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 data from MarketBeat.com, the stock has an average rating of “Hold”.

Shenzhou International Group Stock Up 1.5%

The stock’s 50 day moving average is $6.62 and its 200 day moving average is $7.73.

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.