The9 (NASDAQ:NCTY) Downgraded to Sell at StockNews.com

Posted by on Oct 26th, 2024

The9 (NASDAQ:NCTY – Get Free Report) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

The9 Stock Performance

NASDAQ NCTY opened at $8.36 on Friday. The stock’s 50 day simple moving average is $7.34 and its 200 day simple moving average is $7.48. The9 has a one year low of $4.03 and a one year high of $10.00.

About The9

(Get Free Report)

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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