(NEXN) Nexxen International - Ratings and Ratios

Nexxen International Ltd (NASDAQ:NEXN) operates a comprehensive software platform designed to connect advertisers with publishers, primarily in Israel. The companys demand-side platform (DSP) allows advertisers and agencies to manage digital marketing campaigns in real time, supporting multiple ad formats. Additionally, its supply-side platform (SSP) provides publishers with tools for inventory management and revenue optimization. Nexxen also offers a data management platform (DMP) that integrates DSP and SSP solutions, enabling advertisers and publishers to leverage data from various sources to enhance campaign performance. The company serves clients across the United States, Asia-Pacific, Europe, the Middle East, and Africa. Formerly known as Tremor International Ltd, Nexxen rebranded in January 2024. Headquartered in Tel Aviv-Yafo, Israel, the company has been in operation since its incorporation in 2007.

From a technical perspective, Nexxens stock (NEXN) is currently trading at $8.30, below its 20-day and 50-day simple moving averages (SMA) of $9.48 and $9.77, respectively. However, it remains above its 200-day SMA of $7.97, indicating potential support at higher levels. The average trading volume over the past 20 days is 317,045 shares, with an average true range (ATR) of 0.40, suggesting moderate volatility.

On the fundamental side, Nexxen has a market capitalization of $543.11 million, with a trailing P/E ratio of 47.28 and a forward P/E of 22.27, indicating expectations of future earnings growth. The price-to-book (P/B) ratio of 1.09 suggests the stock is trading near its book value, while the price-to-sales (P/S) ratio of 1.56 reflects modest revenue multiples. However, the return on equity (RoE) of -0.35% raises concerns about profitability.