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Next (OTCMKTS:NXGPY) Shares Gap Down - What's Next?

Next logo with Retail/Wholesale background

Key Points

  • Next PLC shares gapped down from a previous close of $82.67 to open at $79.95, with a trading volume of 211 shares on Monday.
  • The company announced a dividend increase, with a new dividend of $1.0009 per share, yielding 164.0%, compared to the previous $0.85 dividend.
  • Next maintains a strong financial position, with a quick ratio of 1.14 and a debt-to-equity ratio of 0.79.
  • Looking to export and analyze Next data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Next PLC (OTCMKTS:NXGPY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $82.67, but opened at $79.95. Next shares last traded at $79.95, with a volume of 211 shares changing hands.

Next Stock Up 2.3%

The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.14 and a current ratio of 1.69. The business's 50 day simple moving average is $84.72 and its 200-day simple moving average is $76.67.

Next Increases Dividend

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

About Next

(Get Free Report)

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.

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