NEXON (OTCMKTS:NEXOY) Trading Down 0.2% – Here’s Why

NEXON Co., Ltd. (OTCMKTS:NEXOYGet Free Report)’s stock price was down 0.2% during trading on Friday . The company traded as low as C$26.50 and last traded at C$26.52. Approximately 8,219 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 18,447 shares. The stock had previously closed at C$26.56.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on NEXOY shares. Sanford C. Bernstein upgraded NEXON from a “market perform” rating to an “outperform” rating in a report on Wednesday, January 7th. Morgan Stanley raised shares of NEXON to an “overweight” rating in a research report on Tuesday, November 11th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Check Out Our Latest Research Report on NEXON

NEXON Trading Down 0.2%

The business has a fifty day moving average of C$24.51 and a 200 day moving average of C$22.23.

About NEXON

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for NEXON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXON and related companies with MarketBeat.com's FREE daily email newsletter.