Nine Dragons Paper (OTCMKTS:NDGPF) Trading Down 6.5% – What’s Next?

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) was down 6.5% during trading on Monday . The company traded as low as $0.7836 and last traded at $0.7836. Approximately 1,000 shares were traded during mid-day trading, a decline of 86% from the average session volume of 7,244 shares. The stock had previously closed at $0.8384.

Nine Dragons Paper Stock Down 6.5%

The company has a 50 day simple moving average of $0.90 and a two-hundred day simple moving average of $0.91.

Nine Dragons Paper Company Profile

Nine Dragons Paper (OTCMKTS: NDGPF) is a Hong Kong‐based paperboard manufacturing company principally engaged in the production of containerboard and packaging products. Its comprehensive product portfolio includes linerboard, corrugating medium, coated duplex board and testliner, which serve a wide range of end markets spanning e-commerce, consumer goods, industrial packaging and food service. The company also operates complementary businesses in waste paper procurement and paper recycling, integrating raw material sourcing with production to support sustainable manufacturing practices.

Since its founding in 1995, Nine Dragons Paper has developed a multi-regional manufacturing footprint, operating multiple production facilities throughout mainland China and Vietnam.