NEXT (LON:NXT) Shares Cross Above 200-Day Moving Average of $7,542.39

NEXT plc (LON:NXTGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 7,542.39 ($94.55) and traded as high as GBX 8,370 ($104.93). NEXT shares last traded at GBX 8,290 ($103.92), with a volume of 150,759 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on NXT shares. Royal Bank of Canada cut NEXT to a “sector perform” rating in a research note on Monday, November 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 7,350 ($92.14) price target on shares of NEXT in a report on Tuesday, November 21st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, NEXT has a consensus rating of “Hold” and an average price target of GBX 6,925 ($86.81).

View Our Latest Research Report on NEXT

NEXT Trading Down 0.4 %

The firm’s 50 day simple moving average is GBX 8,283.20 and its two-hundred day simple moving average is GBX 7,542.39. The company has a quick ratio of 1.07, a current ratio of 1.89 and a debt-to-equity ratio of 167.39. The stock has a market capitalization of £10.51 billion, a P/E ratio of 1,446.77, a P/E/G ratio of 5.66 and a beta of 1.32.

Insider Transactions at NEXT

In related news, insider Wolfson Aspley Guise sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of GBX 8,430 ($105.68), for a total value of £5,058,000 ($6,340,729.60). 6.96% of the stock is currently owned by company insiders.

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; Joules; Property Management; and International Retail, Sourcing, and other segments.

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