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Nine Dragons Paper (OTCMKTS:NDGPY – Get Free Report)’s share price traded down 11.1% on Monday. The company traded as low as $13.7750 and last traded at $13.7750. Approximately 347 shares were traded during trading, an increase of 32% from the average session volume of 262 shares. The stock had previously closed at $15.50.
Nine Dragons Paper Trading Up 4.6%
The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.82 and a current ratio of 1.12. The firm has a fifty day moving average price of $17.20 and a two-hundred day moving average price of $16.98.
Nine Dragons Paper Company Profile
Nine Dragons Paper Holdings Ltd. is a China-based paper manufacturing company that produces packaging paper and other paper products primarily from recovered paper and virgin pulp. Its product portfolio includes containerboard, corrugating medium, coated white top linerboard, recycled linerboard, printing and writing paper, specialty paper and pulp.
Founded in 1995, the company supplies paper used in corrugated boxes, consumer packaging, publishing and other industrial applications. Nine Dragons Paper serves customers through production facilities and operations in mainland China and international markets, including Vietnam, Malaysia and the United States.
The company is associated with founder and chairwoman Zhang Yin, who established the business with Liu Mingzhong.
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