Monaker Group Inc. (NASDAQ:MKGI) traded at a new 52-week high today of $4.68. Approximately 428,000 shares have changed hands today, as compared to an average 30-day volume of 613,000 shares.
Monaker Group, Inc., is an innovative technology-driven company building a next-generation company through acquisition and organic growth, leveraging the strengths and channels of our existing technologies with those that we acquire, creating synergy and opportunity in the leisure space. Monaker Group is a party to a definitive agreement (subject to closing conditions, including shareholder approval for the transaction) to acquire HotPlay Enterprise Limited, an innovative in-game advertising and AdTech company. Following the completion of the proposed HotPlay acquisition, Monaker Group plans to transform into NextPlay Technologies, an innovative global technology company focused on consumer engaging products in the video gaming and travel verticals with innovative Ad Tech and Blockchain solutions.
Monaker Group Inc. has overhead space with shares priced $3.98, or 29.1% below the average consensus analyst price target of $5.62.
Monaker Group Inc. share prices have moved between a 52-week high of $4.68 and a 52-week low of $0.61 and are now trading 552% above that low price at $3.98 per share.
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