NIPG Stock Surges 5% Amidst Entertainment Industry Gains

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Nov 22, 2024

The stock of Star Glory Holdings (NIPG, Financial) experienced a significant increase, rising by 5%. The current stock price stands at $6.33 per share, with a trading volume of 51,530 shares and a turnover rate of 0.09%. The stock's amplitude reached 6.30%.

Recent financial reports reveal that Star Glory Holdings generated a revenue of $83.67 million, but faced a net loss of $13.26 million, resulting in an earnings per share (EPS) of -$1.02. The gross profit was $7.20 million, with a price-to-earnings (P/E) ratio of -1.91. Currently, there are no institutional ratings available for this stock.

Within the entertainment industry, where Star Glory Holdings operates, the overall growth was 0.17%. Notable performers in this sector include Alliance Entertainment Holding Corp and Multimetaverse Holdings Limited, which saw significant gains. Other active stocks in the industry were Color Star Technology, AMC Theatres, and Roku, Inc., with turnover rates of 4.71%, 2.05%, and 1.74%, respectively. Stocks with high volatility included Alliance Entertainment Holding Corp and Hall Of Fame Resort & Entertainment Company, with amplitudes of 60.44% and 31.25%.

Star Glory Holdings is an esports organization operating in Asia, Europe, and South America. It manages two esports brands: Ninjas in Pyjamas, a PC/console esports brand, and eStar Gaming, a mobile esports brand. The company's revenue primarily comes from China and other regions.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.