NIP Group Inc. (NASDAQ:NIPG - Get Free Report)'s share price dropped 1.2% during trading on Monday . The stock traded as low as $1.65 and last traded at $1.68. Approximately 11,176 shares traded hands during trading, a decline of 95% from the average daily volume of 221,162 shares. The stock had previously closed at $1.70.
NIP Group Price Performance
The firm's 50 day simple moving average is $1.92 and its 200-day simple moving average is $4.75.
Institutional Inflows and Outflows
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 fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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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