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The price of Nexxen International Ltd (NASDAQ: NEXN) closed at $8.94 in the last session, down -2.40% from day before closing price of $9.16. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 0.42 million shares were traded.
Ratios:
We take a closer look at NEXN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on April 24, 2023, Downgraded its rating to Hold and sets its target price to $6 from $11 previously.
On January 30, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $12.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 19 ’24 when Carmi Yaniv bought 41,250 shares for $7.20 per share.
Druker Ofer bought 104,719 shares of NEXN for $753,977 on Aug 19 ’24.
Valuation Measures:
As of this moment, Nexxen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 95.61, and their Forward P/E ratio for the next fiscal year is 12.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 2.31.
Stock Price History:
Over the past 52 weeks, NEXN has reached a high of $11.00, while it has fallen to a 52-week low of $4.71. The 50-Day Moving Average of the stock is -9.76%, while the 200-Day Moving Average is calculated to be 12.95%.
Shares Statistics:
A total of 135.24M shares are outstanding, with a floating share count of 76.74M. Insiders hold about 69.94% of the company’s shares, while institutions hold 9.16% stake in the company.
