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The9 (NASDAQ:NCTY) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

The9 logo with Computer and Technology background

The9 Limited (NASDAQ:NCTY - Get Free Report)'s stock price crossed 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.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of The9 from a "sell" rating to a "hold" rating in a research note on Friday.

View Our Latest Research Report on The9

The9 Stock Performance

The company's 50 day moving average is $7.16 and its 200 day moving average is $7.40.

About The9

(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.

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