Nine Dragons Paper (OTCMKTS:NDGPF) Trading Down 2.8% – Here’s Why

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) shares were down 2.8% during trading on Monday . The stock traded as low as $0.8449 and last traded at $0.8449. Approximately 100 shares changed hands during trading, a decline of 99% from the average daily volume of 9,918 shares. The stock had previously closed at $0.8690.

Nine Dragons Paper Stock Down 2.8%

The firm’s 50 day moving average is $0.99 and its 200-day moving average is $0.86.

About Nine Dragons Paper

Nine Dragons Paper (OTCMKTS: NDGPF) is a Hong Kong‐based paperboard manufacturing company principally engaged in the production of containerboard and packaging products. Its comprehensive product portfolio includes linerboard, corrugating medium, coated duplex board and testliner, which serve a wide range of end markets spanning e-commerce, consumer goods, industrial packaging and food service. The company also operates complementary businesses in waste paper procurement and paper recycling, integrating raw material sourcing with production to support sustainable manufacturing practices.

Since its founding in 1995, Nine Dragons Paper has developed a multi-regional manufacturing footprint, operating multiple production facilities throughout mainland China and Vietnam.