The9 (NASDAQ:NCTY) Stock Price Passes Above Two Hundred Day Moving Average of $6.16

The9 Limited (NASDAQ:NCTYGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.16 and traded as high as $6.89. The9 shares last traded at $6.72, with a volume of 35,354 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded The9 from a “sell” rating to a “hold” rating in a research note on Wednesday, April 17th.

View Our Latest Stock Report on The9

The9 Price Performance

The firm has a 50 day moving average of $5.90 and a two-hundred day moving average of $6.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.37 and a current ratio of 1.37.

The9 Company Profile

(Get Free Report)

The9 Limited, together with its subsidiaries, operates as Internet company in the People's Republic of China and internationally. It also involves in the operation of cryptocurrency mining and Non-Fungible Token platform NFTSTAR, a NFT trading and community platform that provides users with purchase, trade, and interactive activities.

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