NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 16,376 shares, a decline of 74.4% from the July 15th total of 63,935 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 71,186 shares, the days-to-cover ratio is currently 0.2 days.
NEXON Stock Up 16.3%
Shares of NEXOY traded up C$3.18 during trading hours on Friday, reaching C$22.68. The stock had a trading volume of 39,206 shares, compared to its average volume of 26,961. NEXON has a 12 month low of C$13.01 and a 12 month high of C$28.82. The firm has a 50-day simple moving average of C$14.53 and a 200 day simple moving average of C$17.11. The company has a current ratio of 5.13, a quick ratio of 5.13 and a debt-to-equity ratio of 0.03. The company has a market capitalization of C$18.00 billion and a price-to-earnings ratio of 20.43.
NEXON (OTCMKTS:NEXOY – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported C$0.24 EPS for the quarter. NEXON had a net margin of 26.37% and a return on equity of 12.45%. The business had revenue of C$759.75 million during the quarter, compared to analyst estimates of C$729.73 million. Equities research analysts predict that NEXON will post 0.74 earnings per share for the current fiscal year.
NEXON Company Profile
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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