Nine Dragons Paper (OTCMKTS:NDGPF) Stock Price Down 6.2% – Should You Sell?

Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF)’s stock price dropped 6.2% during mid-day trading on Tuesday . The stock traded as low as $0.70 and last traded at $0.70. Approximately 177,000 shares were traded during trading, an increase of 557% from the average daily volume of 26,938 shares. The stock had previously closed at $0.7465.

Nine Dragons Paper Stock Down 6.2%

The stock has a fifty day moving average of $0.73 and a 200 day moving average of $0.60.

Nine Dragons Paper Company Profile

Nine Dragons Paper (OTCMKTS: NDGPF) is a Hong Kong‐based paperboard manufacturing company principally engaged in the production of containerboard and packaging products. Its comprehensive product portfolio includes linerboard, corrugating medium, coated duplex board and testliner, which serve a wide range of end markets spanning e-commerce, consumer goods, industrial packaging and food service. The company also operates complementary businesses in waste paper procurement and paper recycling, integrating raw material sourcing with production to support sustainable manufacturing practices.

Since its founding in 1995, Nine Dragons Paper has developed a multi-regional manufacturing footprint, operating multiple production facilities throughout mainland China and Vietnam.