The9 (NASDAQ:NCTY) Stock Passes Above Two Hundred Day Moving Average of $6.78

The9 Limited (NASDAQ:NCTYGet Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.78 and traded as high as $8.92. The9 shares last traded at $8.58, with a volume of 6,756 shares.

Wall Street Analyst Weigh In

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

Read Our Latest Report on NCTY

The9 Stock Performance

The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.37 and a current ratio of 1.37. The company’s 50-day moving average price is $7.81 and its 200 day moving average price is $6.78.

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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