The9 Limited - representing three ordinary shares (NCTY): Price and Financial Metrics
NCTY Stock Summary
- NCTY's price/sales ratio is 2,097.15; that's higher than the P/S ratio of 99.38% of US stocks.
- Revenue growth over the past 12 months for The9 LTD comes in at -99.18%, a number that bests merely 0.55% of the US stocks we're tracking.
- In terms of volatility of its share price, NCTY is more volatile than 99.82% of stocks we're observing.
- Stocks that are quantitatively similar to NCTY, based on their financial statements, market capitalization, and price volatility, are AQMS, ASM, PLAG, DHIL, and GRIL.
- NCTY's SEC filings can be seen here. And to visit The9 LTD's official web site, go to www.the9.com.
NCTY Stock Price Chart Interactive Chart >
NCTY Price/Volume Stats
|Current price||$23.67||52-week high||$89.20|
|Prev. close||$25.38||52-week low||$2.04|
|Day high||$26.82||Avg. volume||5,041,237|
|50-day MA||$41.68||Dividend yield||N/A|
|200-day MA||$14.75||Market Cap||71.96M|
NCTY Latest News Stream
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Latest NCTY News From Around the Web
Below are the latest news stories about The9 LTD that investors may wish to consider to help them evaluate NCTY as an investment opportunity.
Shares of The9 Ltd. slipped 0.1% in premarket trading Friday, after the China-based internet company said it was issuing shares to buy 2,000 units of AvalonMiners bitcoin mining machines, with a total has rate of about 100PH/S. The company said it will issue 8.13 million ordinary shares, which is the equivalent of 270,913 American depositary shares, to the mining machine sellers at a price of $24.81, which was the closing price on Wednesday ahead of the signing of the memorandum of understanding. That values the ADS issued at $6.7 million. The9 also said it has completed the signing of agreements for 12,246 bitcoin mining machines with a total hash rate of 288PH/S. The company will issue the equivalent of 312,928 ADS to the mining machine sellers. The9's stock has rocketed 702.3% year t...
The9 Signed a Legally Binding Memorandum of Understanding on the Additional Purchase of Bitcoin Mining Machines
The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding Memorandum of Understanding (the "MOU") with an unrelated Bitcoin mining machine owner to purchase Bitcoin mining machines by the issuance of Class A ordinary shares. This batch of Bitcoin mining machines consists of 2,000 units of AvalonMiners with total hash rate of approximately 100PH/S. According to the MOUs, The9 will issue approximately 8,127,390 Class A ordinary shares (equivalent to 270,913 ADSs) to the sellers based on The9 share price of US$24.81 prior to the MOU, with a lock up period of 6 months. The number of Class A ordinary shares to be issued is subject to certain price adjustment mechanisms to be assessed 6 months after the signing of the definitive ag...
Bitcoin (CRYPTO: BTC), the world's most valuable cryptocurrency by market cap, hit its lowest price in over a week on Wednesday. Among those are companies that mine Bitcoin. For perspective, the price of Bitcoin is up roughly eight times from where it was this time last year, and it has almost doubled so far in 2021.
The9 Limited (NCTY) Q4 2020 Earnings Conference Call March 30, 2021 8:00 P.M. ET Company Participants Connie Sun - Investor Relations George Lai - Chief Financial Officer Conference Call Participants Presentation Operator Good evening and welcome to The9 Limited 2020 Unaudited Financial Results Conference Call. All participants will be in...
NEW YORK, NY / ACCESSWIRE / March 30, 2021 / The9 Ltd. (NASDAQ:NCTY) will be discussing their earnings results in their 2020 Second Half Earnings call to be held on March 30, 2021 at 8:00 AM Eastern Time.
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