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Nine Dragons Paper (OTCMKTS:NDGPY) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Nine Dragons Paper logo with Industrial Products background

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY - Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.15 and traded as low as $7.70. Nine Dragons Paper shares last traded at $8.04, with a volume of 2,144 shares trading hands.

Nine Dragons Paper Stock Performance

The firm has a fifty day moving average price of $8.15 and a two-hundred day moving average price of $8.28.

Nine Dragons Paper Company Profile

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Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, engages in the production and sale of packaging paper, recycled printing and writing paper, and specialty paper and pulp products in the People's Republic of China. The company offers linerboard products, including kraft, test, white top, and coated linerboards; corrugating medium containerboard products; corrugated cardboard products; carton box products; corrugated sheet products; and coated duplex boards.

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