NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) was the recipient of a significant decrease in short interest in 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. Based on an average trading volume of 105,915 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are short sold.
NEXON Trading Up 5.6%
Shares of NEXON stock traded up C$0.85 on Wednesday, reaching C$16.07. 3,310 shares of the company were exchanged, compared to its average volume of 41,475. The company has a market capitalization of C$12.76 billion and a price-to-earnings ratio of 15.92. The company has a 50-day moving average of C$13.96 and a 200 day moving average of C$17.98. 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 announced its quarterly earnings data on Thursday, May 14th. The company reported C$0.46 EPS for the quarter. The firm had revenue of C$970.34 million during the quarter, compared to the consensus estimate of C$1.05 billion.
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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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