NEXT plc (LON:NXT - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 99.38 ($1.23) and last traded at GBX 9,770 ($120.77), with a volume of 2989526 shares changing hands. The stock had previously closed at GBX 9,912 ($122.52).
Analysts Set New Price Targets
Separately, Shore Capital reissued a "hold" rating on shares of NEXT in a research note on Tuesday.
Check Out Our Latest Stock Analysis on NXT
NEXT Stock Down 2.3 %
The company has a debt-to-equity ratio of 125.90, a current ratio of 1.68 and a quick ratio of 1.07. The stock has a 50-day moving average price of GBX 9,818.67 and a 200-day moving average price of GBX 9,690.98. The company has a market capitalization of £11.56 billion, a P/E ratio of 1,473.36, a P/E/G ratio of 5.66 and a beta of 1.37.
NEXT Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider NEXT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NEXT wasn't on the list.
While NEXT currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
