NIP Group (NASDAQ:NIPG – Free Report) had its price target cut by Maxim Group from $12.00 to $6.00 in a research report sent to investors on Tuesday,Benzinga reports. They currently have a buy rating on the stock.
NIP Group Stock Performance
NIPG stock opened at $1.24 on Tuesday. NIP Group has a twelve month low of $0.99 and a twelve month high of $17.76. The business has a fifty day moving average of $1.70 and a 200-day moving average of $4.04.
Institutional Investors 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 shares of NIP Group Inc. (NASDAQ:NIPG – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 24,542 shares of the company’s stock, valued at approximately $40,000.
NIP Group Company Profile
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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