The9 (NASDAQ:NCTY) Stock Crosses Above 200-Day Moving Average – Time to Sell?

The9 Limited (NASDAQ:NCTYGet Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.38 and traded as high as $8.88. The9 shares last traded at $8.80, with a volume of 80,631 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of The9 from a “sell” rating to a “hold” rating in a report on Friday.

Get Our Latest Analysis on NCTY

The9 Price Performance

The business’s 50-day simple moving average is $7.16 and its two-hundred day simple moving average is $7.40.

The9 Company Profile

(Get Free Report)

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.

Further Reading

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