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 $9.05, up 2.26% from the previous day, and has increased 59.61% in one year. It has overperformed other stocks in the Advertising Agencies industry by 1.03 percentage points. Nexxen International stock is currently +67.28% from its 52-week low of $5.41, and -17.73% from its 52-week high of $11.00.
There are currently 65.56M NEXN shares outstanding. The market value of NEXN is $296.67M. In the last 24 hours, 431,525 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 (for US users, only US stocks are available) — 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. This offer is only for US users.
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 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 8.87x, relative to Advertising Agencies industry P/E ratio of 15.66x
- NEXN could be undervalued based on its P/B ratio of 0.56x, relative to Advertising Agencies industry P/B ratio of 2.48x
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 5 Wall Street analysts who track NEXN, the consensus analyst rating on Nexxen International is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Nexxen International stock forecast page.
NEXN Trading Indicators
NEXN Earnings
Last year, NEXN earnings were $35.44M. During the past five year, NEXN's earnings have increased by 53.42% per year. This was faster than the Advertising Agencies industry average of 0.87%.
Last year, NEXN revenue was $365.48M. During the past 5 year, NEXN's revenue has gone up by 2.33% per year. This was slower than the Advertising Agencies industry average of 3.34%.
You can research NEXN's earnings and revenue performance here.
What are NEXN executives and large shareholders up to?
Over the last 12 months, insiders at NEXN have not bought or sold any shares.
Learn more about who owns NEXN stock here.
Can I rely on NEXN as an income stream?
No, Nexxen International doesn't provide an income stream by paying out dividends.
What others are saying about NEXN
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
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 generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, use a limit order.
Click the Open button and your broker will place the order.
If you need additional 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 shares.
Make a watchlist to get notified of the latest news about 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 online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your investment in Nexxen International, click below.
More "How To" Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp 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.