How to Buy The9 Stock
The9 Ltd
The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China.
The9 stock last closed at $6.60, down 2.19% from the previous day, and has decreased 5.55% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0.07 percentage points. The9 stock is currently +98.26% from its 52-week low of $3.33, and -33.98% from its 52-week high of $10.00.
As of Sep 19, 2024, there are 1.41B NCTY shares outstanding. The market capitalization of NCTY is $27.83M. In the last 24 hours, 35,328 NCTY shares were traded.
How to Buy The9 Stock
Not sure how to invest in The9 stock? Here's how.
- Choose where to buy The9 stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy The9 stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your method of payment and add your details.
- Research The9 stock: The The9 ticker symbol is NCTY. Is The9 stock a good investment? Should you buy shares of NCTY? How do NCTY's underlying business fundamentals look? Do top analysts think The9 is a good buy? Why has NCTY's stock price moved recently? (Hint: Our stock market research tools can help you decide if NCTY is a good stock to buy).
- Execute your NCTY purchase: Decide if you will purchase NCTY shares at the current market price or use a limit order to purchase NCTY shares at a specific price.
- Track your NCTY position: Create a watchlist to get live updates on your investment in The9 stock.
Step 1: Choose where to buy The9 stock
You will need an online brokerage account to access the NASDAQ market and buy NCTY shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Tech to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can invest in NCTY stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on apps for stock market, you can securely and quickly fund your account:
Watch the video below to see the process of transferring funds into your brokerage account.
Step 4: Research The9 stock
Once you have decided on the best place to buy The9 stock, it's absolutely critical to analyze their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
The9 shares data
NCTY Zen Score
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on NCTY's stock page.
Is NCTY stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge NCTY's intrinsic value.
Using relative valuations methods:
- NCTY may be overvalued based on its P/E ratio of 7.95x, relative to Electronic Gaming & Multimedia industry P/E ratio of 5.38x
- NCTY may be undervalued based on its P/B ratio of 0.98x, relative to Electronic Gaming & Multimedia industry P/B ratio of 4.33x
You can access additional valuation analysis on NCTY's stock here.
A look at NCTY Cashflows and Balance Sheet
Passed Health Checks:
- NCTY has cash burn of 6698133. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the NCTY balance sheet.
- There are more short-term assets than short-term liabilities on the NCTY balance sheet.
- Total NCTY debt is lower than 5 years ago, relative to shareholder equity.
- NCTY profit margin has gone up from -902.2% to 11.2% in the past year.
- NCTY has $20.85M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.70M.
Failed Health Checks:
- NCTY has a relatively high debt to equity ratio of 0.88.
NCTY Technicals
NCTY Revenue
Last year, NCTY earnings were $2.77M. During the last three year, NCTY's earnings have grown by -99.75% per year. This was slower than the Electronic Gaming & Multimedia industry average of 4.76%.
Last year, NCTY revenue was $24.76M. Over the past five year, NCTY's revenue has increased by 58.52% per year. This was faster than the Electronic Gaming & Multimedia industry average of 31.91%.
You can research NCTY's earnings and revenue performance here.
Who is buying/selling NCTY?
In the last 12 months, executives and large shareholders at NCTY have not bought or sold any shares.
Research more about who owns NCTY shares here.
Does NCTY stock generate passive income?
No, The9 doesn't provide an income stream by paying out dividends.
What do other traders have to say about NCTY?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your NCTY purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open Trade button and your broker will place the order.
If you need additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Track your NCTY position
Now that you own some shares in NCTY, you'll want to stay up-to-date on your new investment.
Create a watchlist to track the latest developments regarding your NCTY stock.
NCTY Feed
How to Buy Stock in The9
To summarize, here are the 6 steps you need to take to buy The9 stock right now:
- Choose where to buy The9 stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research The9 stock
- Execute your NCTY purchase
- Track your NCTY position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in The9, hit the button below to create your watchlist.
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