Nexxen International Ltd (NASDAQ: NEXN) has experienced a decline in its stock price by -8.31 compared to its previous closing price of 9.99. However, the company has seen a fall of -8.40% in its stock price over the last five trading days. globenewswire.com reported 2025-02-19 that NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) — Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, will release its financial results for the three and twelve months ended December 31, 2024, before the U.S. market opens on Wednesday, March 5, 2025.
Is It Worth Investing in Nexxen International Ltd (NASDAQ: NEXN) Right Now?
The price-to-earnings ratio for Nexxen International Ltd (NASDAQ: NEXN) is 126.87x, which is above its average ratio. Moreover, the 36-month beta value for NEXN is 1.90. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for NEXN is 38.37M and currently, short sellers hold a 0.14% of that float. On February 21, 2025, NEXN’s average trading volume was 160.45K shares.
NEXN’s Market Performance
NEXN stock saw a decrease of -8.40% in the past week, with a monthly decline of -7.29% and a quarterly a decrease of 22.46%. The volatility ratio for the week is 5.85%, and the volatility levels for the last 30 days are 3.58% for Nexxen International Ltd (NEXN). The simple moving average for the past 20 days is -6.14% for NEXN’s stock, with a 15.98% simple moving average for the past 200 days.
Analysts’ Opinion of NEXN
Many brokerage firms have already submitted their reports for NEXN stocks, with Stifel repeating the rating for NEXN by listing it as a “Hold.” The predicted price for NEXN in the upcoming period, according to Stifel is $6 based on the research report published on April 24, 2023 of the previous year 2023.
Lake Street, on the other hand, stated in their research note that they expect to see NEXN reach a price target of $12. The rating they have provided for NEXN stocks is “Buy” according to the report published on January 30th, 2023.
NEXN Trading at -7.72% from the 50-Day Moving Average
After a stumble in the market that brought NEXN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.73% of loss for the given period.
Volatility was left at 3.58%, however, over the last 30 days, the volatility rate increased by 5.85%, as shares sank -7.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.22% lower at present.
During the last 5 trading sessions, NEXN fell by -8.40%, which changed the moving average for the period of 200-days by +65.46% in comparison to the 20-day moving average, which settled at $9.76. In addition, Nexxen International Ltd saw -8.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NEXN starting from Carmi Yaniv, who proposed sale 41,250 shares at the price of $7.20 back on Aug 19 ’24. After this action, Carmi Yaniv now owns shares of Nexxen International Ltd, valued at $297,000 using the latest closing price.
Druker Ofer, the Officer of Nexxen International Ltd, proposed sale 104,719 shares at $7.20 during a trade that took place back on Aug 19 ’24, which means that Druker Ofer is holding shares at $753,977 based on the most recent closing price.
Stock Fundamentals for NEXN
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.69 for the gross margin
The net margin for Nexxen International Ltd stands at -0.0. The total capital return value is set at 0.02. Equity return is now at value 2.57, with 1.62 for asset returns.
Based on Nexxen International Ltd (NEXN), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 3.35. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is 1.39.
Currently, EBITDA for the company is 69.5 million with net debt to EBITDA at -1.72. When we switch over and look at the enterprise to sales, we see a ratio of 1.8. The receivables turnover for the company is 1.28for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
To wrap up, the performance of Nexxen International Ltd (NEXN) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
