The 24 rating InvestorsObserver gives to The9 Limited (NCTY) stock puts it near the middle of the Electronic Gaming & Multimedia industry. In addition to scoring higher than 33 percent of stocks in the Electronic Gaming & Multimedia industry, NCTY’s 24 overall rating means the stock scores better than 24 percent of all stocks.
What do These Ratings Mean?
Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 24 means the stock is more attractive than 24 percent of stocks.
These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.
What's Happening With The9 Limited Stock Today?
The9 Limited (NCTY) stock is trading at $24.23 as of 1:48 PM on Wednesday, Apr 14, a decline of -$1.15, or -4.53% from the previous closing price of $25.38. The stock has traded between $23.54 and $26.82 so far today. Volume today is below average. So far 1,329,854 shares have traded compared to average volume of 2,993,283 shares.