NEXT (LON:NXT) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

NEXT plc (LON:NXTGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 9,878.86 ($127.34) and traded as high as £101.60 ($130.96). NEXT shares last traded at GBX 9,880 ($127.35), with a volume of 194,214 shares traded.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on NXT

NEXT Trading Up 0.3 %

The firm has a market capitalization of £11.67 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 5.66 and a beta of 1.37. The business’s 50-day simple moving average is GBX 9,710.25 and its two-hundred day simple moving average is GBX 9,878.86. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 76.08.

About NEXT

(Get Free Report)

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.

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