Jefferies Financial Group initiated coverage on shares of NEXON (OTCMKTS:NEXOF) in a research report report published on Tuesday, The Fly reports. The brokerage issued a buy rating on the stock.

NEXOF stock opened at $12.95 on Tuesday. The firm has a fifty day moving average price of $15.21 and a 200 day moving average price of $15.13. NEXON has a fifty-two week low of $10.00 and a fifty-two week high of $17.00.

About NEXON

NEXON Co, Ltd. develops and services PC online and mobile games. It also provides portal site planning services. The company offers approximately 100 online games in 190 countries. NEXON Co, Ltd. was founded in 1994 and is headquartered in Tokyo, Japan.

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