Shore Capital Reaffirms Hold Rating for NEXT (LON:NXT)

NEXT (LON:NXT - Get Free Report)'s stock had its "hold" rating reissued by equities research analysts at Shore Capital in a note issued to investors on Tuesday, Marketbeat.com reports.

NEXT Stock Up 3.7 %

NXT traded up GBX 358 ($4.47) during trading on Tuesday, reaching GBX 9,912 ($123.65). 902,597 shares of the stock traded hands, compared to its average volume of 463,629. The stock's 50-day simple moving average is GBX 9,820.19 and its two-hundred day simple moving average is GBX 9,684.83. The company has a debt-to-equity ratio of 125.90, a current ratio of 1.68 and a quick ratio of 1.07. NEXT has a fifty-two week low of GBX 8,072 ($100.70) and a fifty-two week high of £111.04 ($138.52). The stock has a market cap of £11.83 billion, a price-to-earnings ratio of 1,508.68, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37.

Insider Transactions at NEXT

In other news, insider Jeremy Stakol sold 26,523 shares of the company's stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of GBX 9,879 ($123.24), for a total transaction of £2,620,207.17 ($3,268,721.52). 6.69% of the stock is currently owned by company insiders.

NEXT Company Profile

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers. NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East.