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 $9.93, up 0.61% from the previous day, and has increased 83.55% in one year. It has overperformed other stocks in the Advertising Agencies industry by 1.3 percentage points. Nexxen International stock is currently +81.54% from its 52-week low of $5.47, and -9.73% from its 52-week high of $11.00.
There are currently 65.56M NEXN shares outstanding. The market value of NEXN is $325.52M. In the last 24 hours, 252,630 NEXN shares were traded.
How to Buy Nexxen International Stock
Wondering how to invest in Nexxen International stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your info.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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:
Watch the walkthrough below for more details depositing funds into your new investment account.
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
Nexxen International Due Diligence 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/E ratio of 9.74x, relative to Advertising Agencies industry P/E ratio of 17.01x
- NEXN could be undervalued based on its P/B ratio of 0.61x, relative to Advertising Agencies industry P/B ratio of 2.68x
You can do more valuation analysis on NEXN's stock here.
NEXN Financial Summary
Positive Financial Indicators:
- NEXN earnings of $47.48M is not sufficient to cover its interest payments.
- NEXN profit margin has gone up from -6.5% to 9.7% in the past year.
- There are more short-term assets than long-term liabilities on the NEXN balance sheet.
- There are more short-term assets than short-term liabilities on the NEXN balance sheet.
- NEXN's operating cash flow of $150.84M allows it to safely service it's debt of $37.20M.
Negative Financial Indicators:
- NEXN has a relatively high debt to equity ratio of 0.58.
- Total NEXN debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy NEXN stock, according to analysts?
Out of 6 Wall Street analysts who track NEXN, the consensus analyst rating on Nexxen International is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest NEXN Analyst Upgrades/Downgrades
Matthew Swanson, a bottom 9% analyst from RBC Capital maintains NEXN with a buy rating and raises their NEXN price target from $11.00 to $13.00, on Jan 3, 2025.
You can dive deeper into what analysts are forecasting on the Nexxen International stock forecast page.
NEXN Trading Indicators
NEXN Earnings
Last year, NEXN earnings were $35.44M. During the last five year, NEXN's earnings have grown by 53.42% per year. This was faster than the Advertising Agencies industry average of -1%.
Last year, NEXN revenue was $365.48M. In the last five year, NEXN's revenue has grown by 2.33% per year. This was slower than the Advertising Agencies industry average of 3.53%.
Find out more about NEXN's earnings and revenue performance here.
Latest Insiders Trades at NEXN
In the past 12 months, executives and large shareholders at NEXN have not bought or sold any shares.
Get more info 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.
Get analysis from other traders
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Step 5: Place your NEXN purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, place a limit order.
Click the Open button and eToro will execute the order.
If you want additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your NEXN investment
Now that you own some NEXN shares, you'll want to keep up with your new investment.
Create a watchlist to track the most important metrics related to your NEXN stock.
NEXN Feed
How to Buy Stock in Nexxen International
To reiterate, here are the 6 steps to buy Nexxen International stock:
- Decide where to buy Nexxen International stock
- Create a brokerage account
- Deposit money your investment account
- Analyze Nexxen International stock
- Place your NEXN purchase
- Get key alerts regarding your NEXN investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Nexxen International, click the button below.
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