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Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY – Get Free Report) shot up 13.4% on Tuesday . The company traded as high as $9.00 and last traded at $8.82. 800 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 1,077 shares. The stock had previously closed at $7.78.
Nine Dragons Paper Stock Performance
The company has a 50-day moving average of $8.79 and a 200-day moving average of $8.53.
About Nine Dragons Paper
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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