Nisun International Enterprise Development Group (NASDAQ:NISN – Get Free Report) declared that its board has authorized a share repurchase plan on Wednesday, October 9th, RTT News reports. The company plans to repurchase $15.00 million in shares. This repurchase authorization allows the company to reacquire up to 28.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Nisun International Enterprise Development Group Price Performance
Shares of NISN opened at $14.15 on Friday. The firm has a 50-day moving average of $12.82 and a 200-day moving average of $8.45. Nisun International Enterprise Development Group has a one year low of $2.16 and a one year high of $22.55.
About Nisun International Enterprise Development Group
Featured Articles
- Five stocks we like better than Nisun International Enterprise Development Group
- How to Use the MarketBeat Stock Screener
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- The Most Important Warren Buffett Stock for Investors: His Own
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- 4 Quirky ETFs With Big Potential for Impressive Gains
Receive News & Ratings for Nisun International Enterprise Development Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nisun International Enterprise Development Group and related companies with MarketBeat.com's FREE daily email newsletter.