Nine Dragons Paper (OTCMKTS:NDGPY) Shares Gap Down – Time to Sell?

Posted by Lauren Steadman on Oct 16th, 2026

Shares of Nine Dragons Paper (OTCMKTS:NDGPY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $13.7750, but opened at $13.2740. Nine Dragons Paper shares last traded at $13.2740, with a volume of 114 shares traded.

Nine Dragons Paper Stock Down 3.6%

The stock has a 50-day simple moving average of $16.83 and a 200 day simple moving average of $16.73. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.82 and a current ratio of 1.12.

About Nine Dragons Paper

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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.