The9 Limited (NASDAQ:NCTY – Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.67 and traded as high as $9.45. The9 shares last traded at $9.42, with a volume of 238,962 shares traded.
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 Wednesday.
View Our Latest Report on NCTY
The9 Price Performance
About The9
The9 Limited operates as a cryptocurrency mining business in China, Eastern Europe, Asia, and North America. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People’s Republic of China.
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