The9 (NASDAQ:NCTY) Downgraded to “Sell” Rating by StockNews.com

The9 (NASDAQ:NCTY) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Tuesday.

The9 Trading Down 0.7 %

NCTY stock opened at $8.18 on Tuesday. The9 has a fifty-two week low of $4.03 and a fifty-two week high of $10.00. The business’s 50 day moving average price is $7.48 and its two-hundred day moving average price is $7.60.

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.