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NAMI (NASDAQ:NAMI) Shares Up 5.2% - Should You Buy?

NAMI logo with Business Services background

Key Points

  • NAMI Corp. (NASDAQ:NAMI) experienced a 5.2% increase in stock price, trading at $1.02 after closing at $0.97, although trading volume was down significantly by 93% compared to its average.
  • Wall Street Zen downgraded NAMI stock from a "buy" to a "hold" rating, indicating a more cautious outlook from analysts.
  • Institutional investor XTX Topco Ltd acquired a new position in NAMI, purchasing approximately 26,778 shares valued at around $75,000 in the first quarter.
  • MarketBeat previews top five stocks to own in November.

Shares of NAMI Corp. (NASDAQ:NAMI - Get Free Report) shot up 5.2% on Tuesday . The company traded as high as $1.03 and last traded at $1.02. 179,191 shares changed hands during trading, a decline of 93% from the average session volume of 2,444,619 shares. The stock had previously closed at $0.97.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded NAMI from a "buy" rating to a "hold" rating in a research report on Sunday, June 8th.

View Our Latest Stock Report on NAMI

NAMI Stock Down 2.7%

The firm has a fifty day simple moving average of $1.05 and a two-hundred day simple moving average of $1.98.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in NAMI stock. XTX Topco Ltd acquired a new position in NAMI Corp. (NASDAQ:NAMI - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 26,778 shares of the company's stock, valued at approximately $75,000.

NAMI Company Profile

(Get Free Report)

Jinxin Technology Holding Co engages in the provision of digital content services. The company was founded in August 2015 and is headquartered in Shanghai, China.

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