Nine Dragons Paper (OTCMKTS:NDGPF) Stock Price Down 6.2% – Should You Sell?

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF – Get Free Report) shares were down 6.2% during mid-day trading on Wednesday. The stock traded as low as $0.6317 and last traded at $0.6317. 100 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 6,565 shares. The stock had previously closed at $0.6734.

Nine Dragons Paper Stock Down 6.2%

The business has a fifty day moving average price of $0.85 and a 200 day moving average price of $0.87.

Nine Dragons Paper Company Profile

(Get Free Report)

Nine Dragons Paper (OTCMKTS:NDGPF) is a major paper manufacturing company focused primarily on producing packaging paper and paperboard. Its product portfolio includes containerboard, corrugating medium, coated duplex board, recycled printing and writing paper, specialty paper, and pulp. These materials are used in corrugated packaging, consumer products, commercial printing, and other industrial applications.

Founded in 1995 by Zhang Yin, the company has developed an extensive manufacturing and distribution network serving customers in China and international markets.

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