99 Wuxian (ASX:NNW) Shares Down 6.6%

99 Wuxian Ltd (ASX:NNW) fell 6.6% during trading on Thursday . The stock traded as low as A$0.07 ($0.05) and last traded at A$0.07 ($0.05), 402,783 shares traded hands during trading. An increase of 597% from the average session volume of 57,776 shares. The stock had previously closed at A$0.08 ($0.05).

The business has a 50 day moving average of A$0.07. The firm has a market capitalization of $82.34 million and a price-to-earnings ratio of -71.00. The company has a debt-to-equity ratio of 46.81, a quick ratio of 1.17 and a current ratio of 1.49.

99 Wuxian Company Profile (ASX:NNW)

99 Wuxian Limited, an investment holding company, provides online and mobile commerce solutions in the People's Republic of China. The company owns and operates m-commerce platforms. It provides 99 Marketplace, a mobile commerce platform that is integrated with Chinese mobile banking application to connect bank customers with merchants for various products and services; ICS, an online mobile rewards and points program for banks, insurance companies, and other financial institutions; and iBenefit, a mobile incentive and rewards program for employees.

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