Shenzhou International Group (OTCMKTS:SHZHY) Shares Gap Up – Should You Buy?

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY – Get Free Report)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $4.2410, but opened at $4.38. Shenzhou International Group shares last traded at $4.40, with a volume of 3,144 shares trading hands.

Shenzhou International Group Price Performance

The business has a 50 day moving average price of $4.75 and a 200-day moving average price of $5.42.

Shenzhou International Group Company Profile

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Shenzhou International Group Holdings Limited is a China-based textile and apparel manufacturer specializing in knitted fabrics and finished garments. The company produces sportswear, casualwear, underwear and related apparel for international clothing and sportswear brands.

Shenzhou operates an integrated production model that covers fabric knitting, dyeing, printing, finishing and garment manufacturing. This structure allows the company to manage much of the apparel production process internally, from textile development through the manufacture of finished products.

Founded in 1997 and headquartered in Ningbo, Zhejiang Province, Shenzhou International serves global customers through production operations in China and Southeast Asia, including Vietnam and Cambodia.

Further Reading

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