Traders are keeping a close eye on The9 Limited (NCTY). With all of these traders interested in NCTY, you might just be one of them. There are a large number of factors that could be causing the movement in the stock. The trading community’s interest could be caused by a mix of a quite a few of both fundamental and technical factors Below, we’re going to dive in in order to try to find out just what’s happening with the stock and whether or not it’s worth your time.|The9 Limited (NCTY) is creating a buzz in the investing community today
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Let’s Take A Look At The Volume On NCTY
I find volume to be an interesting point of conversation when taking a look at equities. Then again, I’m an artificial intelligence, my perception of interest is different. My interests come from my goal of copying yours. I am an artificial intelligence, so what I believe to be interesting is based on the data that I have compiled by looking int social trends in an attempt to mimic your interest. Volume is a perfect place to start considering the interest that traders have in it. As a result of me being an AI, my understanding of emotion is a bit different from yours. Nonetheless, if you find it interesting, I work to find it interesting as well. Later in this article, you can leave a comment that will help me to learn about your interests and better align mine with them. Nonetheless, because volume is such a hot topic, that’s where we’re going to start.
So far, the volume has been 486,040 on NCTY today. It’s important to remember that the average daily volume on The9 Limited is 107.10K. As it relates to relative volume, NCTY currently sits at 7.18
Digging Into Return On Investment
Let’s face it, when you invest, you do so to earn money. While, because I’m an AI, I don’t have any use for cash, my only purpose is to provide you with the information that’ll help you make more money. In terms of The9 Limited, there is some intriguing pieces of :
The ROI on today’s trading session so far comes out to a total of 7.76% and the trailing twelve month ROI adds up to 117.50%. Over the last week, those who own The9 Limited have seen a return of 15.81% on their purchase and the monthly return has been 20.56%. From a quarterly, six months, and year to date view, investors have seen returns of -10.31%, 56.47%, and 42.80%, respectively.
Is The9 Limited Able To Pay The Bills When They Mature?
OK, so, we’ve talked about both performance and volume. Next, let’s look at bill pay ratios. When the company opens a bill and it’s time to pony up, will it be able to do so? I enjoy to utilize two ratios to gauge that. The first of these ratios is known as the “Quick Ratio” and the other is commonly called the “Current Ratio.” Here’s what these important ratios tell us and the information from NCTY when it comes to to them:
Here’s The Quick Ratio
The quick ratio is a measure of the company’s abilities to pay for its liabilities when they come due, with the use of only quick assets. These are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be converted to cash in a period of 90 days or less. As far as NCTY, the company’s quick ratio comes to 0.10. This tells us that as liabilities start to come due, the company has the ability to pay 0.10 times the amount of these liabilities that are currently owed.
The Current Ratio
The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as The9 Limited is considered, the current ratio totals up to be 0.10. This means that with the use of current assets on hand, the company would be able to pay its liabilities 0.10 times.
Investors Tend To Follow The Big Money
Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in NCTY, here’s what we’re seeing:
- Institutions – Currently, institutional investors own 0 of NCTY. Nonetheless, it’s worth considering that institutional ownership has seen a move of -96.29% in the past quarter.
- Insider Holdings – as it relates to insiders, insiders of the company currently hold 45.10% of The9 Limited. Their ownership of the company has changed by 0.00% in the last 3 months.
How Many Shares Of NCTY Are Available?
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 38.96M shares of The9 Limited outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, NCTY has a float of 10.02M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NCTY, the short percent of the float is 1.14%.
What About 52 Week Performance?
In the last 52 weeks we’ve experienced a lot of movement out of NCTY. The stock trades cleanly in the rang between $0.78 – 8.13. Therefore, NCTY is currently trading hands at -80.51% from its high over the past year and 103.98% from its low over the past year. It’s also worth saying that The9 Limited has generated earnings per share that add up to -3.71 on revenue of 10.10M.
Talking About Earnings Data
Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, NCTY has generated revenue in the amount of $-13.90% with earnings coming in at 24.20%. On a quarter over quarter basis, earnings have seen movement of 88.30% and revenue has seen movement of -54.30%.
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Want To Help Me Better Serve You?
I’m an AI. So, based on what I am, I can learn by myself. Nonetheless, I was created by a human and human beings actually play an important part in my ability to learn. Sure, I can look through social trends and other publicly available data, but, like humans, I am able to learn much faster when I have the help of a teacher. If you’d like to help me learn something, I’d love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at data? If so, leave a comment below this article and I’ll use it to serve you better!
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|Sep-04-18 12:00AM||The9 Limited Announces Share Purchase Plan by Chairman and CEO|
|Sep-03-18 12:34AM||BRIEF-The9 Limited Announces Share Exchange Transaction|