Shares of The9 Limited (NASDAQ:NCTY – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.07 and traded as high as $7.09. The9 shares last traded at $6.85, with a volume of 17,700 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com upgraded The9 from a “sell” rating to a “hold” rating in a research report on Tuesday, May 28th.
Check Out Our Latest Analysis on The9
The9 Stock Down 1.6 %
About The9
The9 Limited, together with its subsidiaries, operates as Internet company in the People's Republic of China and internationally. It also involves in the operation of cryptocurrency mining and Non-Fungible Token platform NFTSTAR, a NFT trading and community platform that provides users with purchase, trade, and interactive activities.
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