NEXT (LON:NXT) Hits New 52-Week Low – Should You Sell?

NEXT plc (LON:NXT)’s stock price reached a new 52-week low on Thursday . The stock traded as low as GBX 97.48 ($1.23) and last traded at GBX 9,730 ($122.28), with a volume of 993864 shares changing hands. The stock had previously closed at GBX 9,900 ($124.42).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “not rated” rating on shares of NEXT in a research report on Thursday, September 19th.

NEXT Trading Down 0.1 %

The company has a debt-to-equity ratio of 125.90, a current ratio of 1.68 and a quick ratio of 1.07. The stock’s 50 day moving average is GBX 9,935.38 and its 200-day moving average is GBX 9,650.44. The company has a market capitalization of £11.67 billion, a P/E ratio of 1,487.98, a P/E/G ratio of 5.66 and a beta of 1.37.

Insider Activity

In related news, insider Wolfson Aspley Guise sold 290,000 shares of NEXT stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of £100.65 ($126.49), for a total transaction of £29,188,500 ($36,682,795.02). Also, insider Jeremy Stakol sold 26,523 shares of the business’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of GBX 9,879 ($124.15), for a total transaction of £2,620,207.17 ($3,292,958.62). 6.69% of the stock is currently owned by company insiders.

NEXT Company Profile

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.