At the time of writing, The9 Limited ADR [NCTY] stock is trading at $16.77, up 5.27%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NCTY shares have gain 13.31% over the last week, with a monthly amount drifted -6.68%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The9 Limited ADR [NASDAQ: NCTY] stock has seen the most recent analyst activity on November 13, 2009, when JP Morgan downgraded its rating to a Neutral. Previously, Oppenheimer downgraded its rating to Perform on June 18, 2009. On April 16, 2009, Roth Capital reiterated its Hold rating and revised its price target to $11 on the stock. ThinkEquity reiterated its Buy rating and increased its price target to $20 on January 27, 2009. Sterne Agee initiated its recommendation with a Hold and recommended $16 as its price target on January 27, 2009. Deutsche Securities upgraded its rating to Buy for this stock on September 26, 2008. In a note dated August 08, 2008, Brean Murray downgraded an Hold rating on this stock.
For the past year, the stock price of The9 Limited ADR fluctuated between $4.03 and $20.59. The9 Limited ADR [NASDAQ: NCTY] shares were valued at $16.77 at the most recent close of the market.
Analyzing the NCTY fundamentals
According to The9 Limited ADR [NASDAQ:NCTY], the company’s sales were 24.09M for trailing twelve months, which represents an -8.86% plunge. Gross Profit Margin for this corporation currently stands at -0.18% with Operating Profit Margin at -1.77%, Pretax Profit Margin comes in at -0.81%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is -1.58. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.09 points at the first support level, and at 15.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.33, and for the 2nd resistance point, it is at 17.89.
Ratios To Look Out For
It is important to note that The9 Limited ADR [NASDAQ:NCTY] has a current ratio of 1.23. As well, the Quick Ratio is 1.23, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 6.47, the price to book ratio is 3.15 and price to earnings (TTM) ratio is 4.33.
Transactions by insiders
Recent insider trading involved Mackenzie Davin A, Director, that happened on Nov 13 ’24 when 500.0 shares were purchased.
