During the last session, The9 Limited (NASDAQ:NCTY)’s traded shares were 3,808,187, with the beta value of the company hitting 1.29. At the end of the trading day, the stock’s price was $24.81, reflecting an intraday loss of -14.92% or -$4.35. The 52-week high for the NCTY share is $89.2, that puts it down -259.53% from that peak though still a striking +91.78% gain since the share price plummeted to a 52-week low of $2.04. The company’s market capitalization is $386.14 Million, and the average intraday trading volume over the past 10 days was 5.56 Million shares, and the average trade volume was 4.13 Million shares over the past three months.

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The9 Limited (NCTY) received a consensus recommendation of Underweight from analysts. That translates to a mean rating of 4. NCTY has a Sell rating from none of the analyst(s) out of 1 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and no one recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.

The9 Limited (NASDAQ:NCTY): Trading Information

The9 Limited (NCTY) registered a -14.92% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 30.88% in intraday trading to $35.90 this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -40.07%, and it has moved by -38.15% in 30 days. Despite these dips, the overall price performance for the year is 600.85%. The short interest in The9 Limited (NASDAQ:NCTY) is 557.62 Million shares and it means that shorts have 135.02 day(s) to cover.

The9 Limited (NCTY) projections and forecasts

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 58.1%. While earnings are projected to return 95.7% in 2021, the next five years will return 0% per annum.

The9 Limited (NASDAQ:NCTY)’s Biggest Investors

The9 Limited insiders own 1.5% of total outstanding shares while institutional holders control 0.64%, with the float percentage being 0.65%. Susquehanna Fundamental Investments, LLC is the largest shareholder of the company, while 6 institutions own stock in it. As of Dec 30, 2020, the company held over 50.2 Thousand shares (or 0.07% of all shares), a total value of $177.71 Thousand in shares.

The next largest institutional holding, with 37.52 Thousand shares, is of Paloma Partners Management Co’s that is approximately 0.06% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $132.82 Thousand.

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