At the time of writing, The9 Limited ADR [NCTY] stock is trading at $8.71, up 6.61%. An important factor to consider is whether the stock is rising or falling in short-term value. The NCTY shares have gain 10.53% over the last week, with a monthly amount drifted -6.84%, 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 $5.74 and $20.59. The9 Limited ADR [NASDAQ: NCTY] shares were valued at $8.71 at the most recent close of the market.
Analyzing the NCTY fundamentals
According to The9 Limited ADR [NASDAQ:NCTY], the company’s sales were 15.50M for trailing twelve months, which represents an -75.86% plunge. Gross Profit Margin for this corporation currently stands at -0.01% with Operating Profit Margin at -0.53%, Pretax Profit Margin comes in at -0.65%, and Net Profit Margin reading is -0.66%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.18 and Total Capital is -0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
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 8.26 points at the first support level, and at 7.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.07, and for the 2nd resistance point, it is at 9.43.
Ratios To Look Out For
It is important to note that The9 Limited ADR [NASDAQ:NCTY] has a current ratio of 1.19. On the other hand, the Quick Ratio is 1.19, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 6.88, the price to book ratio is 2.34.
Transactions by insiders
Recent insider trading involved Mackenzie Davin A, Director, that happened on May 20 ’25 when 20715.0 shares were purchased. Director, Mackenzie Davin A completed a deal on Nov 13 ’24 to buy 500.0 shares.
