GAMMA Investing LLC Makes New $44,000 Investment in NIP Group Inc. (NASDAQ:NIPG)

GAMMA Investing LLC purchased a new position in NIP Group Inc. (NASDAQ:NIPG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,622 shares of the company’s stock, valued at approximately $44,000.

Wall Street Analyst Weigh In

Separately, Maxim Group began coverage on shares of NIP Group in a report on Thursday, December 19th. They set a “buy” rating and a $12.00 price objective on the stock.

NIP Group Stock Performance

Shares of NIPG opened at $6.65 on Tuesday. NIP Group Inc. has a 1-year low of $5.40 and a 1-year high of $17.76. The firm’s fifty day moving average is $6.66.

About NIP Group

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.