NEXON (OTCMKTS:NEXOY) Shares Gap Up – Here’s What Happened

NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at C$18.16, but opened at C$19.46. NEXON shares last traded at C$19.18, with a volume of 800 shares changing hands.

NEXON Stock Performance

The stock has a 50-day moving average price of C$18.44 and a 200 day moving average price of C$17.70. The company has a quick ratio of 5.85, a current ratio of 5.85 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of C$15.14 billion and a price-to-earnings ratio of 17.46.

NEXON (OTCMKTS:NEXOY – Get Free Report) last issued its earnings results on Tuesday, November 10th. The company reported C$0.31 earnings per share for the quarter. NEXON had a net margin of 26.37% and a return on equity of 12.56%. On average, analysts forecast that NEXON Co., Ltd. will post 0.83 EPS for the current year.

NEXON Company Profile

(Get Free Report)

NEXON Co., Ltd. is a video game developer and publisher based in Tokyo, Japan. Founded in Seoul in 1994, the company specializes in online games designed for ongoing play and regular updates, and distributes titles on PC and mobile platforms. NEXON’s portfolio includes long-running franchises such as MapleStory and Dungeon & Fighter, as well as games including Mabinogi and Blue Archive. Its activities span game development, publishing, and live operations, including community support and the release of new content.

Further Reading

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