NEXON Co., Ltd. (OTCMKTS:NEXOY) Short Interest Down 72.6% in April

NEXON Co., Ltd. (OTCMKTS:NEXOYGet Free Report) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 2,356 shares, a drop of 72.6% from the April 15th total of 8,592 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 72,304 shares, the days-to-cover ratio is currently 0.0 days.

NEXON Stock Performance

Shares of NEXOY stock traded down C$1.28 on Thursday, hitting C$15.36. The company had a trading volume of 43,642 shares, compared to its average volume of 34,395. The company has a 50-day moving average price of C$17.65 and a 200-day moving average price of C$21.60. NEXON has a twelve month low of C$15.00 and a twelve month high of C$28.82.

NEXON (OTCMKTS:NEXOYGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$0.46 earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

NEXOY has been the subject of a number of research reports. Zacks Research raised NEXON to a “hold” rating in a research report on Friday, April 10th. The Goldman Sachs Group raised NEXON to a “neutral” rating in a research report on Sunday, February 15th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on NEXOY

NEXON Company Profile

(Get Free Report)

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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