NEXT plc (LON:NXT - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 9,633.15 ($121.58) and traded as high as GBX 9,904 ($125.00). NEXT shares last traded at GBX 9,904 ($125.00), with a volume of 379,014 shares.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reissued a "not rated" rating on shares of NEXT in a research note on Thursday, September 19th.
Read Our Latest Report on NXT
NEXT Price Performance
The stock's 50 day moving average price is GBX 9,937.84 and its 200-day moving average price is GBX 9,636.84. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 125.90. The stock has a market capitalization of £11.82 billion, a PE ratio of 1,507.46, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37.
NEXT Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 5th will be given a GBX 75 ($0.95) dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a yield of 0.73%. NEXT's dividend payout ratio (DPR) is 3,287.67%.
Insiders Place Their Bets
In other news, insider Jeremy Stakol sold 26,523 shares of the business's stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of GBX 9,879 ($124.69), for a total value of £2,620,207.17 ($3,307,089.70). Also, insider Wolfson Aspley Guise sold 290,000 shares of the stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of £100.65 ($127.04), for a total transaction of £29,188,500 ($36,840,212.04). Insiders own 6.69% of the company's stock.
NEXT Company Profile
(
Get Free Report)
NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.
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