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

NEXON Co., Ltd. (OTCMKTS:NEXOY) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 12,339 shares, a decrease of 53.3% from the August 15th total of 26,431 shares. Based on an average daily trading volume, of 27,892 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

NEXON Price Performance

Shares of NEXOY stock traded down C$0.56 during midday trading on Wednesday, reaching C$19.98. 4,045 shares of the company traded hands, compared to its average volume of 35,986. The firm’s 50 day simple moving average is C$17.23 and its two-hundred day simple moving average is C$16.54. The firm has a market cap of C$15.59 billion and a PE ratio of 18.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.13 and a quick ratio of 5.13. NEXON has a 1-year low of C$13.01 and a 1-year high of C$28.82.

NEXON (OTCMKTS:NEXOY) last released its quarterly earnings results on Thursday, August 13th. The company reported C$0.24 earnings per share for the quarter. NEXON had a return on equity of 12.45% and a net margin of 26.37%.The business had revenue of C$759.75 million for the quarter, compared to analysts’ expectations of C$729.73 million. On average, equities research analysts expect that NEXON will post 0.74 EPS for the current fiscal year.

About NEXON

NEXON Co, Ltd. is a Japan-based global video game company that develops, publishes and operates online and mobile games. Its portfolio includes massively multiplayer online role-playing games, action games, racing titles and other interactive entertainment products. Notable franchises include MapleStory, Dungeon&Fighter, Mabinogi, KartRider and Blue Archive, as well as newer releases such as The First Descendant.

The company was founded in Seoul in 1994 and is recognized as an early pioneer of free-to-play online games.