1 week Ago By ABMN Staff
Nexxen International Ltd. ( NASDAQ:NEXN – Get Free Report ) shares saw unusually-high trading volume on Friday after Royal Bank of Canada raised their price target on the stock from $11.00 to $13.
00. Royal Bank of Canada currently has an outperform rating on the stock. Approximately 42,648 shares changed hands during mid-day trading, a decline of 39% from the previous session’s volume of 69,547 shares.
The stock last traded at $10.11 and had previously closed at $9.91.
Separately, Needham & Company LLC increased their target price on shares of Nexxen International from $9.50 to $12.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th.
One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $10.20.
Read Our Latest Analysis on NEXN Institutional Investors Weigh In On Nexxen International Nexxen International Price Performance The stock has a market capitalization of $683.63 million, a price-to-earnings ratio of 259.75 and a beta of 1.
90. The company has a quick ratio of 1.43, a current ratio of 1.
43 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average of $9.
32 and a 200-day moving average of $7.88. Nexxen International Company Profile ( Get Free Report ) Nexxen International Ltd.
provides end-to-end software platform that enables advertisers to reach publishers Israel. The company’s demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Read More Receive News & Ratings for Nexxen International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexxen International and related companies with MarketBeat.
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