NEXON Co., Ltd. (OTCMKTS:NEXOY) Short Interest Update

NEXON Co., Ltd. (OTCMKTS:NEXOY) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 16,376 shares, a decrease of 74.4% from the July 15th total of 63,935 shares. Based on an average daily volume of 71,186 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

NEXON Stock Performance

Shares of OTCMKTS:NEXOY traded up C$3.71 during trading on Thursday, hitting C$19.50. The company’s stock had a trading volume of 12,802 shares, compared to its average volume of 39,547. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.13 and a quick ratio of 5.13. The firm has a market cap of C$15.47 billion and a price-to-earnings ratio of 19.31. The company has a 50-day moving average of C$14.24 and a 200-day moving average of C$17.13. NEXON has a 12 month low of C$13.01 and a 12 month high of C$28.82.

NEXON (OTCMKTS:NEXOY) last announced its earnings results on Thursday, August 13th. The company reported C$0.24 earnings per share (EPS) for the quarter. NEXON had a net margin of 23.82% and a return on equity of 11.39%. On average, sell-side analysts expect that NEXON will post 0.74 earnings per share for the current 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.