Nine Dragons Paper (OTCMKTS:NDGPF) Trading Down 3.6%

Shares of Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPFGet Rating) were down 3.6% during trading on Thursday . The stock traded as low as $0.72 and last traded at $0.72. Approximately 200 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 20,860 shares. The stock had previously closed at $0.75.

Nine Dragons Paper Price Performance

The firm’s 50-day moving average is $0.64 and its 200 day moving average is $0.76.

About Nine Dragons Paper

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Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, produces and sells 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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