The9 Ltd (NASDAQ: NCTY) stock enjoyed a major increase of 19.7% on 11/26/24. The shares closed at $13.29. Moreover, trading volume in this advance was exceptionally high at 446% of normal. The stock has risen 33.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
The9 has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. The9 has a poor Appreciation Score of 19 but a good Power Rating of 83, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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