NEXON Co., Ltd. (OTCMKTS:NEXOY – Get Free Report)’s stock price dropped 17.3% on Tuesday . The stock traded as low as C$18.71 and last traded at C$18.71. 1,061 shares changed hands during trading, a decline of 97% from the average session volume of 39,394 shares. The stock had previously closed at C$22.61.
NEXON Price Performance
The company has a 50 day moving average price of C$14.84 and a 200-day moving average price of C$16.85. The company has a market cap of C$15.06 billion and a price-to-earnings ratio of 17.10. The company has a quick ratio of 5.13, a current ratio of 5.13 and a debt-to-equity ratio of 0.03.
NEXON (OTCMKTS:NEXOY – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported C$0.24 EPS for the quarter. NEXON had a net margin of 26.37% and a return on equity of 12.45%. The business had revenue of C$759.75 million for the quarter, compared to the consensus estimate of C$729.73 million. As a group, equities research analysts predict that NEXON Co., Ltd. will post 0.74 EPS for the current fiscal year.
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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