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NEXN’s Stochastic Averages Dip: Analyzing Nexxen International Ltd’s Stock Performance

The market performance of Nexxen International Ltd has been somewhat stable. Over the past year, the company’s stock achieved a high of $11.00 on 02/18/25, with the lowest value for the same timeframe being $4.71, recorded on 03/14/24.

52-week price history of NEXN Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Nexxen International Ltd’s current trading price is -13.64% away from its 52-week high, while its distance from the 52-week low is 101.70%. The stock’s price range during this period has fluctuated between $4.71 and $11.00. Shares of the company, which operates in the Communication Services sector, recorded a trading volume of around 0.91 million for the day, which was evidently higher than the average daily volume of 0.22 million over the last three months.

Financial Performance and Market Capitalization

Nexxen International Ltd (NEXN) has experienced a quarterly decline of -3.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 606.28M.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.21, with a change in price of +1.78. Similarly, Nexxen International Ltd recorded 210,183 in trading volume during the last 100 days, posting a change of +23.06%.

NEXN Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NEXN stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.04.

NEXN Stock Stochastic Average

The raw stochastic average for Nexxen International Ltd over the last 50 days is presently at 63.14%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 63.14%. Further, the company’s Stochastic %K and %D values for the last 20 days were 25.96% and 13.56%, respectively.

NEXN Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -5.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 21.64%. Over the past 30 days, the price of NEXN has leaped by -1.76%. And in the last five days, it has surged by 13.37%.

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