The9 (NASDAQ:NCTY) Lowered to “Sell” at StockNews.com

Posted by on Oct 27th, 2024

StockNews.com lowered shares of The9 (NASDAQ:NCTY – Free Report) from a hold rating to a sell rating in a research note released on Saturday morning.

The9 Stock Down 0.6 %

NCTY stock opened at $8.36 on Friday. The firm’s 50-day simple moving average is $7.34 and its 200 day simple moving average is $7.48. The9 has a fifty-two week low of $4.03 and a fifty-two week high of $10.00.

About The9

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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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