Nine Dragons Paper (OTCMKTS:NDGPY – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 55 shares, the short-interest ratio is presently 3.6 days.
Nine Dragons Paper Price Performance
Shares of OTCMKTS NDGPY opened at $13.75 on Friday. Nine Dragons Paper has a 1 year low of $12.68 and a 1 year high of $22.80. The firm has a fifty day moving average price of $16.83 and a 200-day moving average price of $16.73. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.12 and a quick ratio of 0.82.
About Nine Dragons Paper
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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