The9 Ltd (NASDAQ: NCTY) stock closed at $15.72 on 12/18/24 after a major decline of -10.4%. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.3% during the last week.
Current PriceTarget Research Rating
The9 has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. The9 has a very low Appreciation Score of 11 but a very high Power Rating of 89, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment