Nine Dragons Paper (OTCMKTS:NDGPY) Sets New 12-Month High - Time to Buy?

Nine Dragons Paper (OTCMKTS:NDGPY - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $22.75 and last traded at $22.75, with a volume of 185 shares trading hands. The stock had previously closed at $17.10.Get Nine Dragons Paper alerts:Nine Dragons Paper Price PerformanceThe company has a debt-to-equity ratio of 1.21, a quick ratio of 0.75 and a current ratio of 1.07. The business's 50-day moving average price is $15.68 and its two-hundred day moving average price is $13.83. 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.Recommended StoriesFive stocks we like better than Nine Dragons PaperWhat a Former CIA Agent Knows About the Coming CollapseALERT: Drop these 5 stocks before the market opens tomorrow!Buy This Stock at 9:30 AM on MONDAY!A month before the crashNew Banking Law #1582 Could Unlock $21 Trillion for AmericansThis 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