NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) saw 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 shares of the company are short sold. Based on an average daily volume of 71,186 shares, the short-interest ratio is presently 0.2 days.
NEXON Stock Performance
OTCMKTS:NEXOY traded up C$3.11 during mid-day trading on Friday, hitting C$22.61. 39,206 shares of the company traded hands, compared to its average volume of 39,504. The company has a quick ratio of 5.13, a current ratio of 5.13 and a debt-to-equity ratio of 0.03. The stock’s fifty day moving average price is C$14.35 and its 200-day moving average price is C$17.07. The firm has a market cap of C$17.94 billion and a price-to-earnings ratio of 22.39. NEXON has a one year low of C$13.01 and a one year high of C$28.82.
NEXON (OTCMKTS:NEXOY – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.24 EPS for the quarter. NEXON had a return on equity of 11.39% and a net margin of 23.82%.The firm had revenue of C$759.75 million for the quarter, compared to the consensus estimate of C$729.73 million. Research analysts anticipate 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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