The9 Limited ADR (NASDAQ: NCTY) is 15.34% higher on its value in year-to-date trading and has touched a low of $4.03 and a high of $20.59 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NCTY stock was last observed hovering at around $15.93 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $16.77, the stock is 8.96% and 19.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 5.27% at the moment leaves the stock 84.18% off its SMA200. NCTY registered 296.45% gain for a year compared to 6-month gain of 105.51%. The firm has a 50-day simple moving average (SMA 50) of $14.0076 and a 200-day simple moving average (SMA200) of $9.10555.
The stock witnessed a -6.68% loss in the last 1 month and extending the period to 3 months gives it a 94.55%, and is 13.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.58% over the week and 9.20% over the month.
The9 Limited ADR (NCTY) has around 50 employees, a market worth around $155.79M and $24.09M in sales. Current P/E ratio is 4.33. Profit margin for the company is 75.26%. Distance from 52-week low is 316.13% and -18.55% from its 52-week high. The company has generated returns on investments over the last 12 months (27.31%).
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The9 Limited ADR (NCTY) Top Institutional Holders
The shares outstanding are 9.29M, and float is at 8.90M with Short Float at 1.54%.
The9 Limited ADR (NCTY) Insider Activity
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