NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 19,003 shares, an increase of 706.6% from the April 30th total of 2,356 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 63,109 shares, the short-interest ratio is presently 0.3 days.
NEXON Trading Down 2.4%
Shares of NEXOY stock opened at C$13.96 on Friday. The firm has a fifty day moving average price of C$16.51 and a 200 day moving average price of C$21.06. NEXON has a 12 month low of C$13.78 and a 12 month high of C$28.82.
NEXON (OTCMKTS:NEXOY – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported C$0.46 EPS for the quarter. The firm had revenue of C$970.34 million for the quarter, compared to analyst estimates of C$1.05 billion.
Analysts Set New Price Targets
Check Out Our Latest Report on NEXOY
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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