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NEXT (LON:NXT) Stock Price Crosses Above 200-Day Moving Average - What's Next?

NEXT logo with Consumer Cyclical background

NEXT plc (LON:NXT - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of £109.90 ($149.99) and traded as high as £123.63 ($168.73). NEXT shares last traded at £123.20 ($168.15), with a volume of 272,719 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "buy" rating on shares of NEXT in a research report on Thursday, May 8th.

Get Our Latest Report on NXT

NEXT Stock Down 0.9%

The firm has a market capitalization of £14.37 billion, a PE ratio of 18.36, a P/E/G ratio of 5.66 and a beta of 1.37. The firm's 50 day moving average price is £125.37 and its two-hundred day moving average price is £109.90. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 76.08.

Insider Buying and Selling at NEXT

In other news, insider Jeremy Stakol acquired 270 shares of the firm's stock in a transaction on Wednesday, April 23rd. The stock was bought at an average cost of £118.55 ($161.80) per share, with a total value of £32,008.50 ($43,685.68). Also, insider Wolfson Aspley Guise sold 100,000 shares of the stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of £123.62 ($168.72), for a total value of £12,362,000 ($16,871,843.87). 6.69% of the stock is currently owned by corporate insiders.

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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