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NIP Group (NASDAQ:NIPG) Rating Increased to Hold at Wall Street Zen

NIP Group logo with Consumer Discretionary background

NIP Group (NASDAQ:NIPG - Get Free Report) was upgraded by equities researchers at Wall Street Zen to a "hold" rating in a research note issued on Saturday.

Separately, Maxim Group reduced their price objective on NIP Group from $12.00 to $6.00 and set a "buy" rating on the stock in a research report on Tuesday, May 20th.

Check Out Our Latest Stock Report on NIPG

NIP Group Stock Down 6.0%

NASDAQ:NIPG opened at $2.13 on Friday. The business's 50-day moving average price is $1.59 and its two-hundred day moving average price is $2.94. NIP Group has a twelve month low of $0.99 and a twelve month high of $17.76.

Hedge Funds Weigh In On NIP Group

An institutional investor recently bought a new position in NIP Group stock. XTX Topco Ltd acquired a new position in NIP Group Inc. Sponsored ADR (NASDAQ:NIPG - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 24,542 shares of the company's stock, valued at approximately $40,000.

NIP Group Company Profile

(Get Free Report)

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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