NEXON (OTCMKTS:NEXOY) Issues Quarterly Earnings Results

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

NEXON Stock Performance

Shares of NEXOY stock traded up C$3.56 during trading hours on Thursday, reaching C$19.35. 9,187 shares of the company’s stock were exchanged, compared to its average volume of 39,536. NEXON has a fifty-two week low of C$13.01 and a fifty-two week 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 stock has a market capitalization of C$15.36 billion and a P/E ratio of 19.16. The business has a fifty day moving average price of C$14.24 and a 200-day moving average price of C$17.13.

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.