NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 12,339 shares, a decline of 53.3% from the August 15th total of 26,431 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 27,892 shares, the days-to-cover ratio is presently 0.4 days.
NEXON Price Performance
Shares of NEXOY stock traded up C$0.22 on Tuesday, hitting C$20.49. 1,950 shares of the company’s stock were exchanged, compared to its average volume of 36,156. The company has a 50 day moving average of C$17.11 and a 200 day moving average of C$16.54. The stock has a market cap of C$15.99 billion and a P/E ratio of 18.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.13 and a quick ratio of 5.13. NEXON has a 12 month low of C$13.01 and a 12 month high of C$28.82.
NEXON (OTCMKTS:NEXOY – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported C$0.24 earnings per share for the quarter. NEXON had a net margin of 26.37% and a return on equity of 12.45%. The firm had revenue of C$759.75 million for the quarter, compared to analyst estimates of C$729.73 million. On average, equities research analysts predict that NEXON will post 0.74 EPS for the current year.
NEXON Company Profile
NEXON Co, Ltd. is a Japan-based global video game company that develops, publishes and operates online and mobile games. Its portfolio includes massively multiplayer online role-playing games, action games, racing titles and other interactive entertainment products. Notable franchises include MapleStory, Dungeon&Fighter, Mabinogi, KartRider and Blue Archive, as well as newer releases such as The First Descendant.
The company was founded in Seoul in 1994 and is recognized as an early pioneer of free-to-play online games.
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