How to Buy Nip Group Stock
Nip Group Inc
NIP Group Inc. , through its subsidiaries, operates as an esports company primarily in the People's Republic of China, Sweden, and internationally.
Nip Group stock last closed at $1.54, down 1.28% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Entertainment industry by N/A percentage points. Nip Group stock is currently +55.56% from its 52-week low of $0.99, and -91.33% from its 52-week high of $17.76.
At the moment, there are 113.4M shares of NIPG outstanding. The market capitalization of NIPG is $87.32M. In the past 24 hours, 183,000 NIPG shares were traded.
How to Buy Nip Group Stock
Wondering how to invest in Nip Group stock? Here's how.
- Choose where to buy Nip Group stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Nip Group stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your information.
- Research Nip Group stock: The Nip Group ticker symbol is NIPG. Is Nip Group stock a good investment? Should you buy shares of NIPG? How do NIPG's underlying business fundamentals look? Do top analysts think Nip Group is a good buy? Why has NIPG's stock price moved recently? (Hint: Our stock market research tools can help you decide if NIPG is a good stock to buy).
- Execute your NIPG buy order: Decide if you will purchase NIPG shares at the current market price or use a limit order to buy NIPG stock at a given price.
- Get the latest scoop on your NIPG position: Create a watchlist to track your new investment in Nip Group stock.
Step 1: Choose where to buy Nip Group stock
You will need a brokerage account in order to access the NASDAQ market and buy NIPG stock.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global markets: From Tech to Healthcare, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal details so you can buy NIPG today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the stocks app, you can securely and quickly fund your account:
Watch the video below for more details transferring funds into your new brokerage account.
Step 4: Research Nip Group stock
After you have identified the best place to buy Nip Group stock, it's crucial to evaluate their stock before you invest, so you truly wrap your head around the risk and opportunity.
Nip Group shares at a glance
Nip Group Overview
WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NIPG's stock page.
How is NIPG stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge NIPG's fair value.
Using relative valuations ratios:
- NIPG could be undervalued based on its P/B ratio of 0.37x, relative to Entertainment industry P/B ratio of 4.08x
You can access additional valuation analysis on NIPG's stock here.
How do NIPG Financials look?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the NIPG balance sheet.
- NIPG has a low debt to equity ratio of 0.3.
- There are more short-term assets than long-term liabilities on the NIPG balance sheet.
Negative Health Checks:
- NIPG has $12.55M in cash and short term investments. This is not enough to cover its annual cash burn of $17.02M.
- NIPG has cash burn of 17023616. It does not have enough cash and short-term investments to cover this.
- NIPG profit margin has gone up by 0.11 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy NIPG stock, according to Wall Street analysts?
Out of 1 Equities analysts who monitor NIPG, the consensus analyst rating on NIPG is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Nip Group stock forecast page.
NIPG Technical Indicators
NIPG Growth Metrics
Last year, NIPG revenue was $85.27M. In the past 2 year, NIPG's revenue has gone up by 13.8% per year. This was faster than the Entertainment industry average of 11.16%.
Learn more about NIPG's earnings and revenue performance here.
What are NIPG executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at NIPG have not bought or sold any shares.
Get more info about who owns NIPG stock here.
Can I rely on NIPG as an income stream?
No, Nip Group doesn't provide an income stream by paying out dividends.
NIPG Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your NIPG buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you want more info about buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your NIPG position
Now that you own some shares in NIPG, you'll want to keep up with your new company.
Put NIPG on a watchlist to get the latest updates about your NIPG stock.
NIPG Feed
How to Buy Stock in Nip Group
To summarize, here are the 6 steps to buy stock in Nip Group:
- Choose where to buy Nip Group stock
- Create your brokerage account
- Deposit funds into your investment account
- Research Nip Group stock
- Execute your NIPG buy order
- Get the latest scoop on your NIPG position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Nip Group, create a watchlist on WallStreetZen today.
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