NIP Group Inc. ADR (NASDAQ:NIPG) does about 174.99K shares in volume on a normal day but saw 1148904 shares change hands in the recent trading day. The company now has a market cap of 92.37M USD. Its current market price is $2.45, marking no change compared to the previous close of $2.45. The 52 week high reached by this stock is $17.76 whilst the lowest price level in 52 weeks is $0.99.
NIP Group Inc. ADR (NIPG) has a 20-day trading average at $1.70 and the current price is -86.20% off the 52-week high compared with 147.47% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.59 and its 200-day simple moving average is $4.25. If we look at the stock’s price movements over the week, volatility stands at 16.45%, which decreases to 11.65% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 78.69 to suggest the stock is overbought.
The consensus objective for the share price is $6.00, suggesting that the stock has a potential upside of 59.17% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 19, 2024 when Maxim Group initiated the stock to “Buy” and issued a price target of $12.
The current price level is 44.16%, 54.40%, and -42.34% away from its SMA20, SMA50, and SMA200 respectively, with the NIPG price moving below the 50-day SMA on current market day. NIP Group Inc. ADR (NIPG) stock is up 44.12% over the week and 85.61% over the past month. Its price is -62.82% over the past year.
To reach the target analysts have set, the stock logically needs to grow 59.17 percent from here.
Outstanding shares total 37.05M with insiders holding 0.00% of the shares and institutional holders owning 1.89% of the company’s common stock.
