NIP Group (NASDAQ:NIPG - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by investment analysts at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.
Separately, Wall Street Zen raised NIP Group to a "hold" rating in a research report on Saturday, July 5th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $6.00.
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NIP Group Stock Up 6.0%
Shares of NASDAQ:NIPG opened at $1.58 on Friday. The stock's 50-day moving average is $1.80 and its 200-day moving average is $1.77. NIP Group has a 52-week low of $0.99 and a 52-week high of $7.60.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in NIP Group stock. XTX Topco Ltd bought a new position in NIP Group Inc. Sponsored ADR (NASDAQ:NIPG - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 24,542 shares of the company's stock, valued at approximately $40,000.
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.
Further Reading
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