The9 (NASDAQ:NCTY) Stock Price Passes Above 200-Day Moving Average of $7.10

The9 Limited (NASDAQ:NCTYGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.10 and traded as high as $7.53. The9 shares last traded at $7.00, with a volume of 15,797 shares traded.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of The9 from a “sell” rating to a “hold” rating in a research note on Tuesday, May 28th.

Check Out Our Latest Stock Analysis on The9

The9 Price Performance

The firm’s 50 day moving average is $7.37 and its 200 day moving average is $7.11. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.37 and a current ratio of 1.37.

About The9

(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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