Shenzhou International Group (OTCMKTS:SHZHY) Shares Gap Up – Still a Buy?

Shenzhou International Group Holdings Limited (OTCMKTS:SHZHY – Get Free Report)’s stock price gapped up before the market opened on Friday. The stock had previously closed at $4.52, but opened at $4.6950. Shenzhou International Group shares last traded at $4.6950, with a volume of 525 shares traded.

Shenzhou International Group Trading Up 3.9%

The company has a fifty day simple moving average of $4.63 and a 200 day simple moving average of $5.34.

About Shenzhou International Group

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Shenzhou International Group Holdings Limited is a China-based textile and apparel manufacturer. The company operates an integrated business that includes the development and production of knitted fabrics, dyeing and finishing, and the manufacture of finished garments.

Its products include sportswear, casualwear, underwear and other knitted apparel. Shenzhou supplies clothing and textile products to international sportswear and fashion brands, generally serving as an original equipment manufacturer and production partner rather than selling primarily under its own consumer brand.

Founded in 1997, the company is headquartered in Ningbo, Zhejiang Province, China.

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