NiSun International Enterprise Development Group Co., Ltd. (NASDAQ:NISN – Get Free Report) shares traded up 0% on Wednesday . The stock traded as high as $0.69 and last traded at $0.6021. 18,081 shares traded hands during trading, a decline of 80% from the average session volume of 90,093 shares. The stock had previously closed at $0.6020.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NiSun International Enterprise Development Group in a research report on Friday, December 26th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
Get Our Latest Stock Report on NISN
NiSun International Enterprise Development Group Stock Up 0.0%
Institutional Trading of NiSun International Enterprise Development Group
A hedge fund recently raised its stake in NiSun International Enterprise Development Group stock. Squarepoint Ops LLC lifted its holdings in NiSun International Enterprise Development Group Co., Ltd. (NASDAQ:NISN – Free Report) by 38.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,878 shares of the company’s stock after buying an additional 6,325 shares during the period. Squarepoint Ops LLC owned about 0.50% of NiSun International Enterprise Development Group worth $89,000 as of its most recent SEC filing. Institutional investors own 4.73% of the company’s stock.
About NiSun International Enterprise Development Group
NiSun International Enterprise Development Group Limited (NASDAQ: NISN) is a China-based diversified enterprise primarily engaged in the procurement and distribution of telecommunications products, property services and outdoor advertising. Through its telecommunications segment, NiSun sources and supplies prepaid calling cards, prepaid cellular cards and recharge vouchers for major domestic carriers, including China Mobile, China Unicom and China Telecom. This business leverages the company’s nationwide distribution network to serve retail outlets, convenience stores and e-commerce platforms across Mainland China.
In addition to its telecom operations, NiSun provides property management and commercial real estate services.
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