Shares of NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report) fell 6.2% during trading on Thursday . The company traded as low as C$16.52 and last traded at C$16.52. 372 shares were traded during trading, a decline of 99% from the average session volume of 34,358 shares. The stock had previously closed at C$17.62.
Analyst Ratings Changes
A number of equities research analysts have issued reports on NEXOY shares. Sanford C. Bernstein raised shares of NEXON from a “market perform” rating to an “outperform” rating in a report on Wednesday, January 7th. The Goldman Sachs Group raised NEXON to a “neutral” rating in a report on Sunday, February 15th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.
View Our Latest Report on NEXOY
NEXON Price Performance
About NEXON
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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