Zuoan Fashion (NYSE:ZA) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Zuoan Fashion Ltd (ADR) (NYSE:ZA) shares after opening at 2.07 moved to $2.33 on last trade day and at the end of the day closed at $2.28. Company price to sales ratio in past twelve months was calculated as 0.29 and price to cash ratio as 0.30.Zuoan Fashion Ltd (ADR) (NYSE:ZA) showed a positive weekly performance of 8.58%.
Ever-Glory International Group Inc (NYSEMKT:EVK) made a new mark at $8.07 on Friday, reflecting an upbeat prevalent in general in Chinese stocks and the apparel market. Ever-Glory is a China-based company and is engaged in supply-chain management, manufacture and distribution of apparel. In February, the company received a warning letter from the NYSEMKT in connection with violation with certain listing provisions. This violation relates to the company’s issuance of common stock shares to its five of independent directors without shareholder approval. Ever-Glory International Group Inc (NYSEMKT:EVK) was quick to rectify its fault and had entered in a share lockup with the five directors, barring them from entering into any transaction related to the stock until the shareholder approval is received. Ever-Glory International Group Inc (NYSEMKT:EVK) shares fell -2.32% in last trading session and ended the day on $7.59. EVK return on equity ratio is recorded as 36.50% and its return on assets is 9.70%. Ever-Glory International Group Inc (NYSEMKT:EVK) yearly performance is 268.45%.
Agria Corporation is a global agricultural company. The Company operates in three segments: Seed and Grain; Crop Protection, Nutrients and Merchandise, and Rural Services. The Seed and Grain segment is engaged in research and development, production and sale of a range of seed products and trading of seed and grain products globally. Agria Corporation (ADR) (NYSE:GRO) shares moved down -4.95% in last trading session and was closed at $1.52, while trading in range of $1.50-$1.64. Agria Corporation (ADR) (NYSE:GRO) year to date performance is 3.40%.
Castle Brands Inc (NYSEMKT:ROX) showed a dramatic rise of 16.67% after reporting a strong rise in three-month sales. For the quarter ended December 31, 2013, net sales increased 28% to $13.6 million as compared to $10.6 million for the comparable prior-year period. The company recorded positive quarterly EBITDA for Q3, as adjusted, with a gain of $0.2 million, compared to a loss of ($0.1) million in the comparable prior-year period. Castle Brands Inc (NYSEMKT:ROX) weekly performance is %. On last trading day company shares ended up $1.25. Castle Brands Inc (NYSEMKT:ROX distance from 50-day simple moving average is 39.48%. Analysts mean target price for the company is $1.50.
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