The stock price of NIP Group (NIPG, Financial) experienced a notable increase of 5.13%, bringing the share price to $8.20. The trading volume was recorded at 82,551 shares, with a turnover rate of 0.15% and a volatility of 7.18%.
According to the latest financial report, NIPG achieved revenue of $83.67 million, a net loss of $13.26 million, and an earnings per share (EPS) of -$1.02. The company's gross profit was $7.20 million, and it currently has a price-to-earnings (P/E) ratio of -2.48. No institutional ratings for buy, hold, or sell have been issued for this stock.
Within the entertainment industry, where NIPG is categorized, the overall sector experienced a decline of 0.88%. Other significant movers include Huya and iQiyi, with substantial gains. Stocks such as LiveOne, iQiyi, and Roku showed notable trading activity with turnover rates of 6.10%, 2.95%, and 1.15%, respectively. Stocks with high volatility included Anghami Inc, LiveOne, and Reservoir Media, with swings of 68.00%, 59.01%, and 22.39%, respectively.
NIPG Group is an esports organization operating in Asia, Europe, and South America, managing brands like Ninja in Pyjamas and eStar Gaming, focusing on PC/console and mobile esports, respectively. It has two reportable segments: China and other entities, mainly deriving revenue from these regions.
