A share price of Nexxen International Ltd. ADR [NEXN] is currently trading at $10.30, up 1.68%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NEXN shares have gain 9.57% over the last week, with a monthly amount glided 3.10%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nexxen International Ltd. ADR [NASDAQ: NEXN] stock has seen the most recent analyst activity on April 24, 2023, when Stifel downgraded its rating to a Hold and also revised its price target to $6 from $11. Previously, Lake Street started tracking the stock with Buy rating on January 30, 2023, and set its price target to $12. On October 24, 2022, downgrade downgraded it’s rating to Mkt Perform. Stifel initiated its recommendation with a Buy and recommended $26 as its price target on July 13, 2021. Raymond James started tracking with a Outperform rating for this stock on July 13, 2021, and assigned it a price target of $27. In a note dated July 13, 2021, Needham initiated an Buy rating and provided a target price of $28 on this stock.
Nexxen International Ltd. ADR experienced fluctuations in its stock price throughout the past year between $4.71 and $10.94. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Nexxen International Ltd. ADR [NASDAQ: NEXN] shares were valued at $10.30 at the most recent close of the market. An investor can expect a potential return of 6.8% based on the average NEXN price forecast.
Analyzing the NEXN fundamentals
Trailing Twelve Months sales for Nexxen International Ltd. ADR [NASDAQ:NEXN] were 349.38M which represents 12.93% growth. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.07 points at the first support level, and at 9.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.52, and for the 2nd resistance point, it is at 10.73.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nexxen International Ltd. ADR [NASDAQ:NEXN] is 1.43. Further, the Quick Ratio stands at 1.43, while the Cash Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 1.88, the price to book ratio is 1.33 and price to earnings (TTM) ratio is 55.08.
Transactions by insiders
Recent insider trading involved Carmi Yaniv, Officer, that happened on Aug 19 ’24 when 41250.0 shares were purchased. Officer, Druker Ofer completed a deal on Aug 19 ’24 to buy 0.1 million shares.
