Nine Dragons Paper (OTCMKTS:NDGPY - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 6,578 shares were traded during mid-day trading, an increase of 628% from the previous session's volume of 903 shares.The stock last traded at $10.50 and had previously closed at $9.20.
Nine Dragons Paper Trading Up 14.2%
The business's 50 day simple moving average is $8.23 and its 200 day simple moving average is $8.00. The company has a quick ratio of 0.72, a current ratio of 0.99 and a debt-to-equity ratio of 1.08.
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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