NEXON Co., Ltd. (OTCMKTS:NEXOY – Get 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%
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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