NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at C$18.15, but opened at C$17.56. NEXON shares last traded at C$17.56, with a volume of 255 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. The Goldman Sachs Group upgraded shares of NEXON to a “neutral” rating in a research report on Sunday, February 15th. Sanford C. Bernstein upgraded shares of NEXON from a “market perform” rating to an “outperform” rating in a report on Wednesday, January 7th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, NEXON currently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on NEXOY
NEXON Price Performance
About NEXON
NEXON Co, Ltd. operates as a global developer and publisher of online games, primarily focusing on free-to-play multiplayer titles across PC and mobile platforms. The company’s portfolio spans a range of genres, including massively multiplayer online role-playing games (MMORPGs), action titles and sports simulations. NEXON generates revenue through in-game purchases and virtual item sales, offering players optional enhancements, cosmetic items and game passes.
Founded in 1994 by Kim Jung-ju in South Korea, NEXON released its first major title, Nexus: The Kingdom of the Winds, in 1996.
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