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The9 Limited (NCTY) Looks Good: Stock Adds 7.8% in Session

Zacks Equity Research

The9 Limited NCTY was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.48 to $1.77 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

The9 Limited currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

THE9 LTD-ADR Price

THE9 LTD-ADR Price | THE9 LTD-ADR Quote

A better-ranked stock in the same industry is Brightcove Inc. BCOV, sporting a Zacks Rank #1 (Strong Buy).

Is NCTY going up? Or down? Predict to see what others think: Up or Down

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THE9 LTD-ADR (NCTY): Free Stock Analysis Report
 
BRIGHTCOVE (BCOV): Free Stock Analysis Report
 
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