Next 15 Group (LON:NFG) Stock Price Up 3.8% – Time to Buy?

Next 15 Group plc (LON:NFG)’s share price traded up 3.8% during trading on Monday . The stock traded as high as GBX 423.50 ($5.37) and last traded at GBX 420.50 ($5.33). 595,409 shares traded hands during trading, an increase of 84% from the average session volume of 323,706 shares. The stock had previously closed at GBX 405 ($5.13).

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NFG. Berenberg Bank reiterated a “buy” rating and set a GBX 885 ($11.22) price target on shares of Next 15 Group in a research report on Tuesday, September 17th. Shore Capital reaffirmed a “buy” rating on shares of Next 15 Group in a report on Thursday, September 19th.

Next 15 Group Trading Down 0.7 %

The company has a market capitalization of £421.85 million, a P/E ratio of 720.69 and a beta of 1.50. The stock’s fifty day moving average is GBX 416.16 and its 200 day moving average is GBX 702.13.

Next 15 Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 17th were paid a GBX 4.75 ($0.06) dividend. The ex-dividend date was Thursday, October 17th. This represents a dividend yield of 0.98%. Next 15 Group’s payout ratio is presently 2,586.21%.

Insiders Place Their Bets

In other news, insider Helen Hunter bought 3,235 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was purchased at an average price of GBX 460 ($5.83) per share, with a total value of £14,881 ($18,865.37). Company insiders own 7.61% of the company’s stock.

Next 15 Group Company Profile

Next 15 Group plc, together with its subsidiaries, provides communications services in the United Kingdom, Europe, Africa, the United States, and the Asia Pacific. It offers strategy and insight, online marketing, corporate and internal communications, media training, brand and message consultancy, market research, digital, marketing communications, and creative and content, as well as public, media, analyst, and investor relation services; and digital and technology products and services.