NEXT plc (LON:NXT - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 9,546.34 ($122.85) and traded as high as GBX 9,812 ($126.26). NEXT shares last traded at GBX 9,674 ($124.49), with a volume of 199,062 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "not rated" rating on shares of NEXT in a report on Thursday, September 19th.
View Our Latest Stock Report on NXT
NEXT Price Performance
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 company has a market capitalization of £11.37 billion, a PE ratio of 1,451.75, a PEG ratio of 5.66 and a beta of 1.37. The firm has a 50-day moving average of £100.42 and a 200 day moving average of GBX 9,549.70.
NEXT Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, December 5th will be given a GBX 75 ($0.97) dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a yield of 0.73%. NEXT's payout ratio is 3,287.67%.
Insiders Place Their Bets
In related news, insider Wolfson Aspley Guise sold 290,000 shares of NEXT stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of £100.65 ($129.52), for a total transaction of £29,188,500 ($37,560,802.99). Also, insider Jeremy Stakol sold 26,523 shares of NEXT stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of GBX 9,879 ($127.13), for a total value of £2,620,207.17 ($3,371,776.05). Insiders own 6.69% of the company's stock.
About NEXT
(
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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