--- title: "Nine Dragons Paper (OTCMKTS:NDGPY) Shares Gap Down - Time to Sell?" type: "News" locale: "en" url: "https://longbridge.com/en/news/281057424.md" description: "Nine Dragons Paper (OTCMKTS:NDGPY) shares gapped down from $22.75 to $16.15, marking a 29% decline. The company has a debt-to-equity ratio of 1.21 and a current ratio of 1.07. Nine Dragons Paper is the largest producer of containerboard packaging in China and operates integrated pulp mills. Despite a Strong Buy rating, analysts suggest there are better investment options available." datetime: "2026-03-30T16:38:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281057424.md) - [en](https://longbridge.com/en/news/281057424.md) - [zh-HK](https://longbridge.com/zh-HK/news/281057424.md) --- # Nine Dragons Paper (OTCMKTS:NDGPY) Shares Gap Down - Time to Sell? Nine Dragons Paper (OTCMKTS:NDGPY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $22.75, but opened at $16.15. Nine Dragons Paper shares last traded at $16.15, with a volume of 609 shares. Get **Nine Dragons Paper** alerts: ## Nine Dragons Paper Stock Down 29.0% The company has a debt-to-equity ratio of 1.21, a current ratio of 1.07 and a quick ratio of 0.75. The business's fifty day moving average is $21.87 and its two-hundred day moving average is $17.09. ## Nine Dragons Paper Company Profile (Get Free Report) Nine Dragons Paper Holdings Limited is China's largest producer of containerboard packaging products and one of the largest in Asia. The company's core business encompasses the manufacturing and sale of linerboard, corrugating medium, coated duplex board, testliner and white-top kraftliner. In addition to packaging paper, Nine Dragons operates recovered paper procurement networks and integrated pulp mills, allowing the firm to control fiber sourcing and improve operational efficiency. Since its founding in 1995, Nine Dragons Paper has expanded capacity through continuous investment in greenfield facilities and strategic acquisitions. ## See Also - Five stocks we like better than Nine Dragons Paper _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Nine Dragons Paper Right Now? Before you consider Nine Dragons Paper, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nine Dragons Paper wasn't on the list. While Nine Dragons Paper currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [02689.HK](https://longbridge.com/en/quote/02689.HK.md) ## Related News & Research - [Nine Dragons Paper Holdings (NDGPF) Receives a Buy from GF Securities](https://longbridge.com/en/news/277339226.md) - [UBS Sticks to Their Buy Rating for Nine Dragons Paper Holdings (NDGPF)](https://longbridge.com/en/news/275186242.md) - [KE Holdings Adds Language Details for May 19 Earnings Call](https://longbridge.com/en/news/286579398.md) - [Alibaba Health Declares Final Dividend for FY2026](https://longbridge.com/en/news/286406079.md) - [ZAWYA: Lenovo enables one-week deployment of production-ready agentic AI to transform enterprise workflows](https://longbridge.com/en/news/286241729.md)