NEXT (LON:NXT) Reaches New 1-Year Low – Here’s What Happened

Shares of NEXT plc (LON:NXT) reached a new 52-week low on Wednesday . The company traded as low as GBX 99.38 ($1.22) and last traded at GBX 9,770 ($120.22), with a volume of 2989526 shares traded. The stock had previously closed at GBX 9,912 ($121.96).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “hold” rating on shares of NEXT in a research note on Tuesday.

NEXT Stock Performance

The company has a current ratio of 1.68, a quick ratio of 1.07 and a debt-to-equity ratio of 125.90. The company has a market capitalization of £11.27 billion, a PE ratio of 1,436.53, a PEG ratio of 5.66 and a beta of 1.37. The firm’s 50-day simple moving average is GBX 9,802.87 and its 200-day simple moving average is GBX 9,694.42.

About NEXT

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.

NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East.