NIP Group Inc. (NASDAQ:NIPG - Get Free Report)'s share price was up 2.9% on Tuesday . The stock traded as high as $2.28 and last traded at $2.12. Approximately 232,686 shares were traded during trading, a decline of 1% from the average daily volume of 234,454 shares. The stock had previously closed at $2.06.
Wall Street Analysts Forecast Growth
Separately, Maxim Group started coverage on shares of NIP Group in a research note on Thursday, December 19th. They issued a "buy" rating and a $12.00 target price for the company.
Read Our Latest Analysis on NIPG
NIP Group Price Performance
The stock's 50-day moving average is $3.00 and its 200 day moving average is $5.53.
Institutional Investors Weigh In On NIP Group
A hedge fund recently bought a new stake in NIP Group stock. GAMMA Investing LLC bought a new position in shares of NIP Group Inc. (NASDAQ:NIPG - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 6,622 shares of the company's stock, valued at approximately $44,000.
About NIP Group
(
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Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe. Our vision is to become the premier esports organization in the world. We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.
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