Nine Dragons Paper (OTCMKTS:NDGPF) Stock Price Down 12.2% – Time to Sell?

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF)’s stock price was down 12.2% on Wednesday . The company traded as low as $0.40 and last traded at $0.40. Approximately 1,000 shares were traded during trading, a decline of 96% from the average daily volume of 27,148 shares. The stock had previously closed at $0.46.

Nine Dragons Paper Price Performance

The firm’s 50 day moving average price is $0.46 and its two-hundred day moving average price is $0.45.

About Nine Dragons Paper

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.