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 $5.50, down 3.51% from the previous day, and has increased 1.1% in one year. It has underperformed other stocks in the Advertising Agencies industry by 0.04 percentage points. Nexxen International stock is currently +74.33% from its 52-week low of $3.16, and -29.17% from its 52-week high of $7.77.
There are currently 147.5M NEXN shares outstanding. The market value of NEXN is $405.63M. In the last 24 hours, 16,570 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.
Our recommended brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
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.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
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 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 0.75x, relative to Advertising Agencies industry P/B ratio of 3.4x
You can access more valuation research on NEXN's stock here.
NEXN Financial Health Summary
Positive Financial Indicators:
- NEXN's operating cash flow of $60.74M allows it to safely service it's debt of $136.13M.
- 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 6.8% to -6.5% in the past year.
- NEXN earnings of -$8.78M is not sufficient to cover its interest payments.
- NEXN has a relatively high debt to equity ratio of 0.67.
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
Andrew Boone, a top 5% analyst from JMP Securities maintains NEXN with a buy rating and lowers their NEXN price target from $12.00 to $11.00, on Nov 24, 2023.
You can dig deeper into what analysts are saying on the Nexxen International stock forecast page.
NEXN Trading Indicators
NEXN Earnings
Last year, NEXN revenue was $331.99M. During the past four year, NEXN's revenue has increased by 0.47% per year. This was slower than the Advertising Agencies industry average of 3.21%.
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.
Click below to see what other investors have to say.
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.
If you want more help with investing in stocks on eToro, click the helpful video below:
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:
- 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 are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Nexxen International, click below.
More "How To" Guides You Might Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.