NIP Group (NASDAQ:NIPG) Coverage Initiated by Analysts at Maxim Group

Maxim Group started coverage on shares of NIP Group (NASDAQ:NIPG) in a research note published on Thursday, MarketBeat.com reports. The brokerage issued a buy rating and a $12.00 target price on the stock.

NIP Group Price Performance

Shares of NASDAQ NIPG traded up $0.04 on Thursday, hitting $7.12. The company’s stock had a trading volume of 7,839 shares, compared to its average volume of 215,985. The company has a 50 day simple moving average of $6.74. NIP Group has a 12-month low of $5.40 and a 12-month high of $17.76.

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.