NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at C$13.75, but opened at C$14.56. NEXON shares last traded at C$14.56, with a volume of 553 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of NEXON to a “hold” rating in a research note on Friday, April 10th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on NEXOY
NEXON Trading Up 3.2%
NEXON (OTCMKTS:NEXOY – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported C$0.46 earnings per share (EPS) for the quarter. The firm had revenue of C$970.34 million during the quarter, compared to analyst estimates of C$1.05 billion.
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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