NewGenIvf Group (NASDAQ:NIVF) Trading Up 12.3% – Here’s Why

NewGenIvf Group Limited (NASDAQ:NIVF) was up 12.3% on Tuesday . The company traded as high as $2.48 and last traded at $2.19. Approximately 1,821,099 shares were traded during mid-day trading, an increase of 152% from the average daily volume of 722,890 shares. The stock had previously closed at $1.95.

NewGenIvf Group Price Performance

The business’s fifty day moving average is $5.81 and its two-hundred day moving average is $11.70.

Institutional Investors Weigh In On NewGenIvf Group

A hedge fund recently raised its stake in NewGenIvf Group stock. XTX Topco Ltd raised its stake in shares of NewGenIvf Group Limited (NASDAQ:NIVF) by 400.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 73,801 shares of the company’s stock after buying an additional 59,059 shares during the period. XTX Topco Ltd owned about 0.73% of NewGenIvf Group worth $30,000 as of its most recent SEC filing. 66.24% of the stock is owned by institutional investors.

About NewGenIvf Group

NewGenIVF Group Ltd. operates as an assisted reproductive services provider. It focuses on providing fertility treatments to fulfil the dreams of building families. The firm offers in-vitro fertilization treatment service, comprising traditional IVF and egg donation, and surrogacy and ancillary caring services.