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Shares of Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF – Get Free Report) rose 19% during trading on Thursday . The stock traded as high as $0.49 and last traded at $0.49. Approximately 10,720 shares changed hands during trading, a decline of 68% from the average daily volume of 33,653 shares. The stock had previously closed at $0.42.
Nine Dragons Paper Stock Performance
The firm’s 50-day moving average price is $0.42 and its 200 day moving average price is $0.46.
Nine Dragons Paper Company Profile
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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