Next (OTCMKTS:NXGPY) Shares Cross Below 50-Day Moving Average - What's Next?

Key Points

• Next PLC's share price has fallen below its fifty-day moving average of $83.18 to trade at $78.67, with a trading volume of 254 shares.
• The company recently increased its dividend to $1.0009 per share, representing a yield of 164.0%, up from the previous dividend of $0.85.
• Next PLC operates in the retail sector, offering clothing, beauty, footwear, and home products, both in the UK and internationally.

Next PLC (OTCMKTS:NXGPY - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $83.18 and traded as low as $78.67. Next shares last traded at $78.67, with a volume of 254 shares traded.

Next Stock Up 4.4%

The stock has a 50-day simple moving average of $82.96 and a two-hundred day simple moving average of $79.06. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.69 and a quick ratio of 1.14.

Next Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, August 18th. Shareholders of record on Friday, July 4th were given a $1.0009 dividend. This is a positive change from Next's previous dividend of $0.85. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a yield of 164.0%.

About Next

NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.