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

NEXT plc (LON:NXTGet Free Report) passed 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 changing hands.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on NXT

NEXT Price Performance

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 stock’s 50-day moving average price is GBX 9,710.25 and its 200 day moving average price 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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