The stock of The9 Limited (NCTY, Financial) experienced a significant increase, rising by 5.54%. The stock is currently priced at $10.86 per share with a trading volume of 111,944 shares and a turnover rate of 1.25%. The stock's amplitude is recorded at 5.73%.
Recent financial reports reveal that The9 Limited generated a revenue of $25.27 million, with a net loss of $19.32 million. The earnings per share stand at -$5.81, and the gross profit is -$4.64 million. The price-to-earnings ratio is calculated at 12.86 times. As of now, there are no institutional ratings available for this stock, including "buy," "hold," or "sell" recommendations.
Within the capital market sector where The9 Limited operates, the overall decline is 0.45%. Notably, related stocks such as Cleanspark Inc C/Wts 29/12/2028, Mara Holdings, Inc., and Abits Group Inc have seen substantial gains. Meanwhile, stocks like Netcapital Inc., Mara Holdings, Inc., and Btcs Inc. show high activity with turnover rates of 30.76%, 25.95%, and 17.53% respectively. Stocks with significant amplitude include Cleanspark Inc C/Wts 29/12/2028 at 107.89%, Bitfufu Inc C/Wts 01/03/2029 at 32.48%, and Bitcoin Depot Inc C/Wts 30/06/2028 at 16.49%.
The9 Limited is engaged in the development and operation of online games and related services in China. The company focuses on proprietary and licensed online games, including new mobile games like CrossFire and Audition. It employs an item-based revenue model, allowing players free access to games while charging for in-game items such as performance enhancers, clothing, and accessories. The company operates in Greater China and other regions.
