The9 Limited (NASDAQ:NCTY – Get Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.60 and traded as high as $8.51. The9 shares last traded at $8.18, with a volume of 56,981 shares traded.
Analyst Ratings Changes
Separately, StockNews.com downgraded The9 from a “hold” rating to a “sell” rating in a research report on Tuesday.
Check Out Our Latest Stock Report on The9
The9 Stock 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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