NEXON (OTCMKTS:NEXOF) Coverage Initiated at Jefferies Financial Group

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Investment analysts at Jefferies Financial Group assumed coverage on shares of NEXON (OTCMKTS:NEXOF) in a research report issued on Tuesday, The Fly reports. The firm set a “buy” rating on the stock.

NEXOF opened at $12.95 on Tuesday. NEXON has a fifty-two week low of $10.00 and a fifty-two week high of $17.00. The stock has a fifty day moving average of $15.21 and a 200-day moving average of $15.13.

About NEXON

NEXON Co, Ltd. develops and services PC online and mobile games. It also provides portal site planning services. The company offers approximately 100 online games in 190 countries. NEXON Co, Ltd. was founded in 1994 and is headquartered in Tokyo, Japan.

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