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How to Buy Nexxen International Stock

Nexxen International Ltd

Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers.

Nexxen International stock last closed at $6.18, up 1.73% from the previous day, and has increased 0.32% in one year. It has underperformed other stocks in the Advertising Agencies industry by 0.06 percentage points. Nexxen International stock is currently +95.88% from its 52-week low of $3.16, and -20.41% from its 52-week high of $7.77.

There are currently 144.5M NEXN shares outstanding. The market value of NEXN is $446.51M. In the last 24 hours, 174,280 NEXN shares were traded.

How to Buy Nexxen International Stock

Wondering how to invest in Nexxen International stock? Here's how.
  1. Decide where to buy Nexxen International stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Nexxen International stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your payment method and add your info.
  4. Analyze Nexxen International stock: The Nexxen International ticker symbol is NEXN. Is Nexxen International stock a good investment? Should you buy shares of NEXN? How do NEXN's underlying business fundamentals look? Do top analysts think Nexxen International is a good buy? Why has NEXN's stock price moved recently? (Hint: Our stock market research website can help you evaluate if NEXN is a good stock to buy).
  5. Place your NEXN purchase: Decide if you will purchase NEXN shares at the current market price or use a limit order to purchase NEXN stock at a specific price.
  6. Get key alerts regarding your NEXN investment: Create a watchlist to get live updates on your position in Nexxen International shares.

Step 1: Decide where to buy Nexxen International stock

You need an online brokerage account in order to access the NASDAQ market and buy NEXN stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you are able to buy NEXN stock today.

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Step 3: Deposit money your investment account

Now that you've finished signing up on our top ranked stock trading app, you can securely and quickly fund your account:

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Step 4: Analyze Nexxen International stock

Once you have identified the best place to buy Nexxen International stock, it's crucial to research their stock prior to buying, so you can comprehend the risk as well as the upside.

Nexxen International stock at a glance

NEXN Price
$6.18
1w %
7.85%
1y %
0.32%
5y %
N/A
P/E
-38.63x
P/B
0.85x
P/S
1.33x
PEG
N/A
Revenue
$334.69M
Earnings
-$10.45M
Fore. Rev. Growth
7.65%
Fore. Earn. Growth
N/A
Market Cap
$446.51M
Next Earnings
N/A
Next Dividend
N/A

Nexxen International Zen Score

WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on NEXN's stock page.

Is NEXN stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NEXN's intrinsic value.

Using relative valuations ratios:

  • NEXN may be undervalued based on its P/B ratio of 0.85x, relative to Advertising Agencies industry P/B ratio of 3.58x

You can access more valuation research on NEXN's stock here.

NEXN Financial Health Summary

Positive Financial Indicators:

  • NEXN's operating cash flow of $106.35M allows it to safely service it's debt of $135.31M.
  • There are more short-term assets than short-term liabilities on the NEXN balance sheet.
  • There are more short-term assets than long-term liabilities on the NEXN balance sheet.

Negative Financial Indicators:

  • NEXN profit margin has gone down from -2% to -3.1% in the past year.
  • NEXN earnings of -$634.00k is not sufficient to cover its interest payments.
  • NEXN has a relatively high debt to equity ratio of 0.65.

Is NEXN stock a Buy, Hold, or Sell, according to analysts?

Out of 5 Equities analysts who track NEXN, the consensus analyst rating on NEXN is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

Latest NEXN Analyst Forecasts

An analyst from JMP Securities reiterates NEXN with a buy rating and maintains their NEXN price target from $11.00 to $11.00, on Mar 7, 2024.

You can dig deeper into what analysts are saying on the Nexxen International stock forecast page.

NEXN Trading Indicators

SMA10
5.9
SMA20
5.77
SMA50
5.49
SMA100
5.26
SMA200
4.61
MACD
0.16
MACD Signal
0.13
MACD Histogram
0.03
RSI
70.28
Stochastic %K
76.59
Stochastic %D
77.93
StochRSI %K
100
StochRSI %D
100

NEXN Earnings

Last year, NEXN revenue was $334.69M. During the past three year, NEXN's revenue has increased by 71.78% per year. This was faster than the Advertising Agencies industry average of 6.01%.

You can analyze NEXN's earnings and revenue performance here.

Latest Insiders Trades at NEXN

Over the past year, insiders at NEXN have not bought or sold any shares.

Dig into more about who owns NEXN stock here.

Can I get consistent income from NEXN stock?

No, Nexxen International doesn't provide an income stream by paying out dividends.

What others are saying about NEXN

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your NEXN purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, use a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Get key alerts regarding your NEXN investment

Now that you own some NEXN stock, you'll want to keep up with your new shares.

Add NEXN to a watchlist to track the most important metrics related to your NEXN stock.

NEXN Feed

How to Buy Stock in Nexxen International

To summarize, here are the 6 steps to buy stock in Nexxen International:

  1. Decide where to buy Nexxen International stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Analyze Nexxen International stock
  5. Place your NEXN purchase
  6. Get key alerts regarding your NEXN investment

If you are looking for a online brokerage, eToro is our favorite venue.

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If you want to get notifications regarding your new investment in Nexxen International, click below.

NASDAQ: NEXN
$6.18+0.11 (+1.73%)
Updated May 24, 2024
Open eToro Account
NASDAQ: NEXN
$6.18+0.11 (+1.73%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nexxen International share?

As of May 24, 2024, it costs $6.18 to buy one share of Nexxen International stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.485 shares of NEXN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nexxen International stock?

According to 5 Wall Street analysts who monitor Nexxen International, their consensus recommendation is to buy Nexxen International stock.

What is the best way to buy Nexxen International stock?

One way to place an order for Nexxen International stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.