Nine Dragons Paper (OTCMKTS:NDGPY) Shares Gap Down – Should You Sell?

Posted by Stephan Jacobs on Oct 16th, 2026

Nine Dragons Paper (OTCMKTS:NDGPY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $13.7750, but opened at $13.2740. Nine Dragons Paper shares last traded at $13.2740, with a volume of 114 shares changing hands.

Nine Dragons Paper Price Performance

The business has a 50 day moving average of $16.83 and a two-hundred day moving average of $16.73. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.82 and a current ratio of 1.12.

Nine Dragons Paper Company Profile

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Nine Dragons Paper Holdings Ltd. is a China-based paper manufacturing company that produces packaging paper and other paper products primarily from recovered paper and virgin pulp. Its product portfolio includes containerboard, corrugating medium, coated white top linerboard, recycled linerboard, printing and writing paper, specialty paper and pulp.

Founded in 1995, the company supplies paper used in corrugated boxes, consumer packaging, publishing and other industrial applications. Nine Dragons Paper serves customers through production facilities and operations in mainland China and international markets, including Vietnam, Malaysia and the United States.

The company is associated with founder and chairwoman Zhang Yin, who established the business with Liu Mingzhong.