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

NEXON Co., Ltd. (OTCMKTS:NEXOY) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 26,431 shares, a growth of 61.4% from the July 30th total of 16,376 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 29,884 shares, the short-interest ratio is presently 0.9 days.

NEXON Price Performance

Shares of OTCMKTS:NEXOY opened at C$19.92 on Wednesday. The stock has a fifty day moving average of C$15.92 and a 200-day moving average of C$16.60. The company has a market capitalization of C$15.81 billion and a PE ratio of 17.95. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.13 and a current ratio of 5.13. NEXON has a one year low of C$13.01 and a one year high of C$28.82.

NEXON (OTCMKTS:NEXOY) last released its quarterly earnings data on Thursday, August 13th. The company reported C$0.24 earnings per share (EPS) for the quarter. NEXON had a net margin of 26.37% and a return on equity of 12.45%. The business had revenue of C$759.75 million during the quarter, compared to analysts’ expectations of C$729.73 million. As a group, equities analysts anticipate that NEXON will post 0.74 EPS for the current fiscal year.

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.