Nine Dragons Paper (OTCMKTS:NDGPF) Stock Price Up 4.7% – Still a Buy?

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF) shares traded up 4.7% during mid-day trading on Tuesday . The company traded as high as $0.7906 and last traded at $0.7906. 1,000 shares changed hands during trading, a decline of 96% from the average session volume of 23,059 shares. The stock had previously closed at $0.7551.

Nine Dragons Paper Price Performance

The business’s fifty day moving average price is $0.71 and its 200 day moving average price is $0.56.

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.