NIP Group (NASDAQ:NIPG) Stock Rating Upgraded by Wall Street Zen

NIP Group (NASDAQ:NIPG) was upgraded by Wall Street Zen to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of NIP Group in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, NIP Group has an average rating of “Sell”.

NIP Group Stock Performance

Shares of NASDAQ NIPG opened at $13.80 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.87. The stock’s 50-day moving average is $11.72 and its two-hundred day moving average is $15.06. NIP Group has a 1-year low of $4.20 and a 1-year high of $57.00.

About NIP Group

NIP Group (NASDAQ: NIPG) is a global esports and gaming entertainment company. The group operates competitive esports teams, develops gaming-related content, and provides services for brands, game publishers, tournament organizers and other partners. Its activities span team operations, esports event participation, content creation, sponsorships, merchandising and related gaming lifestyle initiatives.

The company’s principal brands include Ninjas in Pyjamas, a longstanding esports organization founded in Sweden in 2000, and ESV5, its China-focused esports and entertainment platform.