Next 15 Group (LON:NFG) Shares Down 2.4% - Time to Sell?

Shares of Next 15 Group plc (LON:NFG - Get Free Report) dropped 2.4% during trading on Wednesday . The company traded as low as GBX 260 ($3.52) and last traded at GBX 269.50 ($3.65). Approximately 120,216 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 543,093 shares. The stock had previously closed at GBX 276 ($3.74).

Analyst Upgrades and Downgrades

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

Next 15 Group Price Performance

The stock's 50 day moving average is GBX 266.28 and its 200-day moving average is GBX 325.95. The company has a market capitalization of £279.06 million, a P/E ratio of 4.54 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 return on equity of 37.44% and a net margin of 8.28%. On average, equities research analysts anticipate that Next 15 Group plc will post 60.4827586 EPS for the current year.

About Next 15 Group

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.