The9 (NASDAQ:NCTY) Upgraded by StockNews.com to Hold

StockNews.com upgraded shares of The9 (NASDAQ:NCTYFree Report) from a sell rating to a hold rating in a research note released on Friday.

The9 Stock Up 2.0 %

Shares of The9 stock opened at $8.98 on Friday. The company has a fifty day moving average price of $7.16 and a 200 day moving average price of $7.40. The9 has a twelve month low of $3.55 and a twelve month high of $10.00.

The9 Company Profile

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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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