NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 63,935 shares, a decrease of 42.5% from the June 30th total of 111,277 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 105,915 shares, the days-to-cover ratio is presently 0.6 days.
NEXON Stock Performance
Shares of OTCMKTS NEXOY traded down C$0.70 during trading hours on Friday, hitting C$15.54. The company’s stock had a trading volume of 2,595 shares, compared to its average volume of 40,996. NEXON has a 12 month low of C$13.01 and a 12 month high of C$28.82. The stock has a market cap of C$12.34 billion and a price-to-earnings ratio of 15.39. The business has a 50-day simple moving average of C$14.04 and a 200-day simple moving average of C$17.85.
NEXON (OTCMKTS:NEXOY – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported C$0.46 earnings per share for the quarter. The business had revenue of C$970.34 million during the quarter, compared to analysts’ expectations of C$1.05 billion.
Wall Street Analyst Weigh In
Read Our Latest Analysis on NEXOY
About NEXON
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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