The9 Limited (NCTY)
The9 Limited operates in the Financial - Capital Markets industry of the Financial Services sector, headquartered in Shanghai, SH, CN. The stock last traded at $3.65, up 2.24% on the session, giving a market capitalisation of $55.6M. On trailing twelve-month figures it carries a trailing P/E of 1.67, a net margin of 69.1%. Its beta of 2.09 implies it has historically moved more than the broad market.
The9 Limited, an internet enterprise established in 1999 and based in Shanghai, People's Republic of China, conducts its operations through its various subsidiaries. The company's core activities encompass digital currency mining and the oversight of NFTSTAR, its dedicated non-fungible token (NFT) trading and community platform. NFTSTAR facilitates user engagement by enabling the purchase, exchange, and interaction with various digital assets. Initially founded as GameNow.net Limited, the firm officially rebranded as The9 Limited in February 2004.
The9 Limited is most often compared with the following Financial Services names: