NEXON (OTCMKTS:NEXOF) Coverage Initiated by Analysts at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of NEXON (OTCMKTS:NEXOF) in a research note released on Tuesday morning. The firm issued a sell rating on the stock.

NEXON Stock Performance

Shares of NEXOF opened at $12.13 on Tuesday. The company’s 50-day moving average price is $13.31 and its 200 day moving average price is $15.69. NEXON has a 12-month low of $11.29 and a 12-month high of $19.24.

About NEXON

NEXON Co, Ltd. produces, develops, and services PC online and mobile games. It operates through five segments: Japan, Korea, China, North America, and Others. The company’s PC online game titles include MapleStory, Dungeon & Fighter, and EA SPORTS FIFA ONLINE 4. The company was formerly known as NEXON Japan Co, Ltd.