The9 Limited (NASDAQ:NCTY – Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.38 and traded as high as $8.88. The9 shares last traded at $8.80, with a volume of 80,631 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com upgraded The9 from a “sell” rating to a “hold” rating in a research note on Friday.
View Our Latest Analysis on NCTY
The9 Trading Up 2.1 %
The9 Company Profile
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.
Recommended Stories
- Five stocks we like better than The9
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Taiwan Semiconductor Soars on Earnings With More Room to Run
- What is a buyback in stocks? A comprehensive guide for investors
- Is Lucid Group Nearing the Bottom? What Investors Should Know
- How to Calculate Retirement Income: MarketBeat’s Calculator
- 90% Gain Possible? Analysts Are Bullish on Joby Aviation
Receive News & Ratings for The9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The9 and related companies with MarketBeat.com's FREE daily email newsletter.
