In Thursday’s Wall Street session, Nexxen International Ltd (NASDAQ:NEXN) shares traded at $9.05, up 2.26% from the previous session.
NEXN stock price is now 6.87% away from the 50-day moving average and 8.91% away from the 200-day moving average. The market capitalization of the company currently stands at $577.57M.
With the price target of $15, Craig Hallum recently initiated with Buy rating for Nexxen International Ltd (NASDAQ: NEXN). On March 31, 2025, Scotiabank recently initiated its ‘Sector Outperform’ rating on the stock quoting a target price of $17, while ‘Canaccord Genuity’ rates the stock as ‘Buy’
In other news, Carmi Yaniv, Officer bought 100,000 shares of the company’s stock on Apr 15 ’25. The stock was bought for $881,000 at an average price of $8.81. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’25, Officer Niri Sagi bought 38,900 shares of the business’s stock. A total of $342,709 was incurred on buying the stock at an average price of $8.81. A total of 12.83% of the company’s stock is owned by insiders.
During the past 12 months, Nexxen International Ltd has had a low of $5.41 and a high of $11.00. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 1.44, and a quick ratio of 1.44. The fifty day moving average price for NEXN is $8.4684 and a two-hundred day moving average price translates $8.3098 for the stock.
The latest earnings results from Nexxen International Ltd (NASDAQ: NEXN) was released for 2024-12-31. The net profit margin was 9.70% and return on equity was 6.60% for NEXN. The company reported revenue of $112.28 million for the quarter, compared to $95.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.06 percent. For the current quarter, analysts expect NEXN to generate $75.08M in revenue.
