NEXT (LON:NXT) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

NEXT plc (LON:NXT)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 9,757.51 ($121.05) and traded as low as GBX 9,660 ($119.84). NEXT shares last traded at GBX 9,724 ($120.63), with a volume of 1,670,754 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of NEXT in a research report on Tuesday, January 7th.

NEXT Trading Down 0.8 %

The company has a 50-day moving average of GBX 9,689.43 and a 200 day moving average of GBX 9,757.51. The company has a debt-to-equity ratio of 125.90, a current ratio of 1.68 and a quick ratio of 1.07. The company has a market cap of £11.61 billion, a PE ratio of 1,480.06, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37.

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.