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Next 15 Group (LON:NFG) Trading Down 1.8% - Time to Sell?

Next 15 Group logo with Communication Services background

Shares of Next 15 Group plc (LON:NFG - Get Free Report) dropped 1.8% during trading on Thursday . The company traded as low as GBX 300 ($4.06) and last traded at GBX 301 ($4.08). Approximately 213,913 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 495,242 shares. The stock had previously closed at GBX 306.50 ($4.15).

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their price objective on shares of Next 15 Group from GBX 790 ($10.70) to GBX 660 ($8.94) and set a "buy" rating for the company in a report on Tuesday, April 15th.

View Our Latest Report on NFG

Next 15 Group Price Performance

The firm's 50-day moving average price is GBX 274.94 and its 200-day moving average price is GBX 313.01. The stock has a market cap of £289.25 million, a P/E ratio of 4.71 and a beta of 1.50.

Next 15 Group (LON:NFG - Get Free Report) last posted its earnings results on Tuesday, April 15th. The company reported GBX 71.90 ($0.97) earnings per share for the quarter. Next 15 Group had a net margin of 8.28% and a return on equity of 37.44%. Sell-side analysts expect that Next 15 Group plc will post 60.4827586 earnings per share for the current year.

About Next 15 Group

(Get Free Report)

Next 15 is redefining the landscape of growth consultancy with The Next Network, a decentralised collective of specialist consultancies, agencies, product builders, and venture creators. Our network is built for agility, powered by data, technology, and artificial intelligence, and is driven by the profound expertise of top-tier professionals.

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