The9 (NASDAQ:NCTY) Stock Crosses Above 200-Day Moving Average of $7.07

The9 Limited (NASDAQ:NCTYGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.07 and traded as high as $7.09. The9 shares last traded at $6.85, with a volume of 17,700 shares.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on NCTY

The9 Trading Down 0.7 %

The stock has a 50 day moving average price of $7.63 and a 200 day moving average price of $7.07. 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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