Shares of NEXT plc (LON:NXT - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9,512.22 ($123.82) and traded as high as £100.95 ($131.41). NEXT shares last traded at £100.40 ($130.70), with a volume of 154,848 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "not rated" rating on shares of NEXT in a report on Thursday, September 19th.
Check Out Our Latest Research Report on NXT
NEXT Stock Down 1.4 %
The company has a market capitalization of £11.82 billion, a P/E ratio of 1,507.15, a P/E/G ratio of 5.66 and a beta of 1.37. The business's fifty day moving average price is £100.74 and its 200 day moving average price is GBX 9,519.61. The company has a current ratio of 1.68, a quick ratio of 1.07 and a debt-to-equity ratio of 125.90.
NEXT Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 5th will be paid a GBX 75 ($0.98) dividend. The ex-dividend date is Thursday, December 5th. This represents a dividend yield of 0.73%. NEXT's dividend payout ratio is currently 3,287.67%.
Insiders Place Their Bets
In other NEXT news, insider Jeremy Stakol sold 26,523 shares of NEXT stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of GBX 9,879 ($128.60), for a total transaction of £2,620,207.17 ($3,410,839.85). In related news, insider Wolfson Aspley Guise sold 290,000 shares of the stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of £100.65 ($131.02), for a total transaction of £29,188,500 ($37,995,964.59). Also, insider Jeremy Stakol sold 26,523 shares of NEXT stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of GBX 9,879 ($128.60), for a total transaction of £2,620,207.17 ($3,410,839.85). Insiders own 6.69% of the company's stock.
About NEXT
(
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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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