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Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF – Get Free Report)’s share price dropped 3.9% during mid-day trading on Friday. The stock traded as low as $0.6072 and last traded at $0.6072. 2,292 shares changed hands during trading, a decline of 64% from the average session volume of 6,362 shares. The stock had previously closed at $0.6317.
Nine Dragons Paper Price Performance
The business’s 50-day moving average is $0.72 and its two-hundred day moving average is $0.88.
About Nine Dragons Paper
Nine Dragons Paper (Holdings) Limited is a China-based paper manufacturing company focused primarily on packaging paper and paperboard products. Its portfolio includes containerboard, linerboard, corrugating medium, coated duplex board, recycled printing and writing paper, specialty paper, and pulp products used in packaging, printing, and other industrial applications.
Founded in 1995, the company has developed an integrated production platform that uses recycled fiber and other recovered paper materials as key raw materials.
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