NEXON Co., Ltd. (OTCMKTS:NEXOY) Short Interest Update

NEXON Co., Ltd. (OTCMKTS:NEXOY) was the recipient of a significant decline in short interest during the month of 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. Based on an average daily volume of 71,186 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

NEXON Stock Performance

NEXOY stock traded up C$3.71 on Thursday, hitting C$19.50. The company had a trading volume of 12,802 shares, compared to its average volume of 39,547. NEXON has a 12-month low of C$13.01 and a 12-month high of C$28.82. The company has a current ratio of 5.13, a quick ratio of 5.13 and a debt-to-equity ratio of 0.03. The stock’s 50-day simple moving average is C$14.24 and its 200 day simple moving average is C$17.13. The stock has a market cap of C$15.47 billion and a price-to-earnings ratio of 19.31.

NEXON (OTCMKTS:NEXOY) last posted its earnings results on Thursday, August 13th. The company reported C$0.24 EPS for the quarter. NEXON had a net margin of 23.82% and a return on equity of 11.39%. As a group, equities research analysts expect 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.