Shares of Monaker Group Inc. (NASDAQ:MKGI) traded today at $4.99, eclipsing its 52-week high. Approximately 871,000 shares have changed hands today, as compared to an average 30-day volume of 1 million shares.
Monaker Group Inc. (NASDAQ:MKGI) has potential upside of 37.5% based on a current price of $4.31 and analysts’ consensus price target of $5.93.
Monaker Group Inc. share prices have moved between a 52-week high of $4.99 and a 52-week low of $0.61 and are now trading 607% above that low price at $4.31 per share.
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.
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