NEXT (LON:NXT) Hits New 1-Year High at $9,288.00

NEXT plc (LON:NXT) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 9,288 ($117.38) and last traded at GBX 9,288 ($117.38), with a volume of 209164 shares changing hands. The stock had previously closed at GBX 9,210 ($116.39).

NEXT Stock Performance

The stock has a market cap of £11.74 billion, a price-to-earnings ratio of 1,613.99, a PEG ratio of 5.66 and a beta of 1.27. The company’s 50 day simple moving average is GBX 8,493.60 and its 200 day simple moving average is GBX 7,930.36. The company has a debt-to-equity ratio of 167.39, a quick ratio of 1.07 and a current ratio of 1.89.

NEXT Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Thursday, July 4th will be issued a GBX 141 ($1.78) dividend. The ex-dividend date is Thursday, July 4th. This is a boost from NEXT’s previous dividend of $66.00. This represents a dividend yield of 1.66%. NEXT’s dividend payout ratio (DPR) is 3,601.40%.

Insider Buying and Selling

In other NEXT news, insider Wolfson Aspley Guise sold 60,000 shares of the stock in a transaction on Friday, January 5th. The stock was sold at an average price of GBX 8,430 ($106.53), for a total transaction of £5,058,000 ($6,392,013.14). In other NEXT news, insider Wolfson Aspley Guise sold 60,000 shares of the business’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of GBX 8,430 ($106.53), for a total value of £5,058,000 ($6,392,013.14). Also, insider Jeremy Stakol sold 33,154 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of GBX 8,950 ($113.11), for a total transaction of £2,967,283 ($3,749,883.74). 6.66% of the stock is owned by corporate insiders.

NEXT Company Profile

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.