FY2024 Earnings Forecast for Nine Dragons Paper (Holdings) Limited Issued By Jefferies Financial Group (OTCMKTS:NDGPY)

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY – Get Rating) – Investment analysts at Jefferies Financial Group issued their FY2024 EPS estimates for Nine Dragons Paper in a research note issued to investors on Monday, January 9th. Jefferies Financial Group analyst J. Wan expects that the company will post earnings of $2.07 per share for the year. Jefferies Financial Group also issued estimates for Nine Dragons Paper’s FY2025 earnings at $3.15 EPS.

Nine Dragons Paper Stock Performance

Shares of OTCMKTS:NDGPY opened at $18.25 on Tuesday. Nine Dragons Paper has a fifty-two week low of $11.83 and a fifty-two week high of $21.60. The company’s 50-day moving average price is $15.86 and its 200 day moving average price is $15.54.

Nine Dragons Paper Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 6th. Investors of record on Friday, December 9th will be given a $0.049 dividend. This represents a yield of 1.74%. The ex-dividend date of this dividend is Thursday, December 8th.

Nine Dragons Paper Company Profile

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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.