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Nine Dragons Paper (OTCMKTS:NDGPY – Get Free Report) was up 8.4% during mid-day trading on Tuesday. The stock traded as high as $13.22 and last traded at $13.22. Approximately 116 shares were traded during trading, a decline of 75% from the average session volume of 460 shares. The stock had previously closed at $12.20.
Nine Dragons Paper Stock Performance
The firm has a 50 day moving average price of $16.20 and a 200 day moving average price of $17.90. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.12 and a quick ratio of 0.82.
Nine Dragons Paper Company Profile
Nine Dragons Paper Holdings Limited is a China-based paper manufacturing company that produces packaging paper and other paper products. Its portfolio includes containerboard, corrugating medium, coated duplex board, printing and writing paper, specialty paper, and recycled pulp. These materials are used in shipping cartons, consumer packaging, commercial printing, and other industrial applications.
The company was established in 1995 and has developed an integrated paper-production business that uses recovered paper and other fiber materials as key inputs.
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