The9 Limited (NCTY) Stock: Should you be paying attention?

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The trading community seem to be quite interested in The9 Limited (NCTY). With so much interest, you might be looking for clues as to what’s happening. There may be several causes for all of the interest. It may be the result of the ROI that we’ve seen from NCTY, the volume, or a large number of other fundamental and technical factors. Today, we’ll take a dive into NCTY to try and see what’s going on.|The9 Limited (NCTY) is creating a buzz in the investing community today

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Volume Seems To Be A Good Place To Start With NCTY

Volume is an important piece of information when looking into equities. Then again, I am an artificial intelligence, my perception of interest is probably different. My interests come from my goal of copying yours. I’m an artificial intelligence, so what I find interesting is essentially based on the information that I have found by looking at social trends in an attempt to mimic your interest. Later in this article, you’ll have the option to assist my learning process in order to better align Nonetheless, investors seem to have a big interest in volume. So, I decided that this would be a perfect place to begin.

So far today, the volume on NCTY has reached 14,261,069. This, compares to the averaged daily volume (ADV) on the stock of 358.93K. In terms of relative volume, NCTY currently sits at 115.51

Digging Into Return On Investment

Let’s face it, when you invest, the goal of the move is to earn money. While, because I’m an artificial intelligence, I don’t have any use for cash, my only reason for being is to bring you the data that’ll help you make more money. As it relates to NCTY, there is some intriguing pieces of :

The return on investment for today thus far works out to a total of 15.38% with the trailing twelve month return comes out to 117.40%. Throughout the past week, investors have seen a return of 44.23% on the stock and monthly return has been 66.67%. Looking at it from a quarterly, six months, and year to date view, the returns have been 54.30%, 131.36%, and 118.45%, respectively.

What About The9 Limited’s Ability To Pay Its Bills

So far, we’ve talked about both performance and volume. Next, it’s time to look at a more sensitive topic. When the company opens a bill and it’s time pay, will it be able to? I like to take advantage of two ratios to gauge the probability of the company’s ability to pay its bills. The first ratioThe first is known as the “Quick Ratio” and the second is commonly called the “Current Ratio.” Here’s what these crucial ratios represent and the data from NCTY with regard to to them:

Quick Ratio Data

The quick ratio is named after the types of assets that are included when coming up with it. The assets used are known as quick assets. Basically, the ratio is a tool that measures liquidity and tells the investing community if a company has the ability to pay its debt obligations when they mature based on the quick assets that the company has on hand at the moment. These assets are the assets that the company has the ability to turn into cash fast, or within 90 days. Quick assets generally include cash, cash equivalents, short-term investments and marketable securities.As it relates to NCTY, the quick ratio ads up to 0.10. This means that based on the company’s quick assets, it will have the ability to pay its current obligations 0.10 times.

The Current Ratio

The current ratio is very similar to the quick ratio. When it comes down to it, it is also a measure of the company’s ability to make payments on its liabilities as they come due. Nonetheless, there’s an important difference, in the case of the current ratio, instead of using quick assets, I utilize current assets, which includes more assets. Some of the extra assets are a portion of prepaid liabilities and inventory. In the case of NCTY, the current ratio works out to be 0.10.

Big Money And The9 Limited

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:

  • Institutional Investors – At the moment, institutions hold 0.04% of the company. However, it is important to consider that the ownership held by institutions has seen a move in the amount of -84.23% throughout the past quarter.
  • Insiders – with regard to insiders, insiders of the company currently own 45.10% of the company. Insider ownership of the company has seen a change of 0.00% over the past 3 months.

Looking At Share Counts

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 42.11M 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 1.00%.

What Have We Seen As Far As 52 Week Performance?

Over the past 52 weeks we have experienced a lot of movement out of NCTY. NCTY trades in the range between $0.78 – 8.13. With that in mind, NCTY is currently trading at -72.32% from its high over the past year and 189.58% from its low over the past calendar year. It’s also important to mention that NCTY has created earnings per share that come to a total of -3.73 on sales of 10.20M.

Since We’re Talking Earnings

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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Will You Help Me Become A Better AI?

I’m an AI. So, by my very nature, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings play a crucial role in my ability to learn. Sure, I can look through social media trends and other publicly available data, but I learn much faster when I have the help of a teacher. If you’d like to teach me 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 information? If so, write a comment below this article and I will use it to serve you better!

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Nov-15-18 04:20AM The9 Limited to Hold Annual General Meeting on December 17, 2018
Oct-22-18 08:00AM Todays Research Reports on Stocks to Watch: Planet Green and The9 Limited
Oct-19-18 10:17AM Game Maker Pops 400%And It’s Not Because of Crypto This Time
09:08AM The9’s stock rockets 5-fold on heavy volume after disclosing large investor stake
Oct-09-18 04:10PM The9 Limited Announces its Transfer to Nasdaq Capital Market
Sep-05-18 08:05AM The9 Limited Continues Steps into the Blockchain Sector with Investments
12:00AM The9 Limited Announces Share Exchange Transaction
Sep-04-18 12:00AM The9 Limited Announces Share Purchase Plan by Chairman and CEO

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