NCI Stock Declines Amidst Broader Apparel Industry Fluctuations

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Nov 20, 2024

The stock of Sino-International (NCI, Financial), listed as NCI.us, experienced a significant drop of 5.90%. The current trading price is $0.590 per share, with a trading volume of 35,751 shares, a turnover rate of 0.18%, and a price fluctuation amplitude of 7.34%.

Recent financial reports indicate that Sino-International achieved a revenue of $22.25 million, a net profit of $563,899.03, and earnings per share of $0.03. The company's gross profit stands at $2.35 million, with a price-to-earnings ratio of 21.69. Currently, there are no institutional ratings available for this stock in terms of buy, hold, or sell recommendations.

Within the apparel manufacturing sector, the overall decline was 1.23%. Notable gains were seen in stocks like Hanesbrands Inc., Superior Group Of Companies, Inc., and Xcel Brands, Inc. Meanwhile, Jin Hyun Group, Gildan Activewear, and Jieliang Group showed significant trading activity with turnover rates of 5.10%, 2.80%, and 2.06% respectively. Stocks with notable price fluctuations include Jin Hyun Group at 15.38%, Jieliang Group at 14.13%, and Sino-International at 7.34%.

Sino-International Group Holdings Limited provides comprehensive apparel solutions, offering services through Neo-Concept HK. The company caters to clients in Europe and North America, delivering full apparel supply chain services, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.