NEXON (OTCMKTS:NEXOY) Announces Earnings Results

NEXON (OTCMKTS:NEXOY) posted its quarterly earnings data on Thursday. The company reported C$0.24 EPS for the quarter, Zacks reports. NEXON had a net margin of 23.82% and a return on equity of 11.39%.

NEXON Stock Performance

Shares of OTCMKTS NEXOY traded up C$3.58 during mid-day trading on Thursday, hitting C$19.37. 8,713 shares of the company were exchanged, compared to its average volume of 39,534. The stock has a 50 day simple moving average of C$14.24 and a 200-day simple moving average of C$17.13. NEXON has a 1-year low of C$13.01 and a 1-year high of C$28.82. The company has a quick ratio of 5.13, a current ratio of 5.13 and a debt-to-equity ratio of 0.03. The firm has a market cap of C$15.37 billion and a price-to-earnings ratio of 19.18.

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.