NEXON (OTCMKTS:NEXOY) Shares Gap Up – Here’s What Happened
by Tristan Rich · The Markets DailyNEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at C$15.44, but opened at C$18.93. NEXON shares last traded at C$19.00, with a volume of 2,855 shares.
NEXON Stock Performance
The company has a fifty day moving average of C$14.24 and a two-hundred day moving average of C$17.13. The firm has a market capitalization of C$15.47 billion and a price-to-earnings ratio of 19.31. 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 (OTCMKTS:NEXOY – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported C$0.24 EPS for the quarter. NEXON had a return on equity of 11.39% and a net margin of 23.82%. As a group, equities research analysts predict that NEXON Co., Ltd. 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.