During the day the stock fluctuated 6.87% from a day low at $2.62 to a day high of $2.80. The price has fallen in 6 of the last 10 days and is down by -21.87% for this period.
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Predicted Opening Price for The9 Limited of Tuesday, April 12, 2022.
| Fair opening price April 12, 2022 | Current price |
|---|---|
| $2.70 | $2.68 (Undervalued) |
Similarly Will The9 stock rise? Stock Price Forecast
The 1 analysts offering 12-month price forecasts for The9 Ltd have a median target of 105.50, with a high estimate of 105.50 and a low estimate of 105.50. The median estimate represents a +3,667.82% increase from the last price of 2.80.
Is Ncty stock a good buy? NCTY scores best on the Value dimension, with a Value rank ahead of 65.32% of US stocks. The strongest trend for NCTY is in Quality, which has been heading down over the past 177 days. NCTY’s current lowest rank is in the Stability metric (where it is better than 1.69% of US stocks).
Additionally, Why did Ncty go up?
What happened. Shares of The9 Limited ( NCTY 0.67% ) soared on Tuesday after the company announced the purchase of equipment for mining a cryptocurrency called Filecoin. It’s the second big mining announcement the company has made this year, and investors appear to like this new direction for the company.
Is Ncty being shorted?
Stock – Short Squeeze, Short Sale Volume, Borrow Rates, Fails-To-Deliver.
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| Short Interest | shares – source: NASDAQ |
|---|---|
| Short Interest % Float | 4.34% – source: NASDAQ (short interest), Capital IQ (float) |
How can I buy The9? How to buy shares in The9
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- Research the stock. …
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Is Ncty a Chinese company? Description. The9 Limited, together with its subsidiaries, operates as an Internet company in the People’s Republic of China. The company primarily focuses on developing cryptocurrencies mining business.
