Next (OTCMKTS:NXGPY) Shares Gap Up – Time to Buy?

Next PLC (OTCMKTS:NXGPY) gapped up before the market opened on Friday . The stock had previously closed at $89.9825, but opened at $93.24. Next shares last traded at $93.24, with a volume of 806 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research cut Next from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Next Price Performance

The business has a fifty day moving average price of $88.23 and a 200 day moving average price of $90.09. The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 0.80.

Next Company Profile

Next is a UK-based retail group best known for its clothing, footwear and homeware offerings sold through a combination of physical stores, online channels and catalog services. The company markets predominantly its own-label fashion and lifestyle ranges across women’s, men’s and children’s apparel, together with footwear, accessories and home products. Its multi-channel model aims to integrate in-store merchandising with e-commerce and direct-to-consumer catalogue sales to reach a broad customer base.

Operations combine a network of domestic stores in the UK with international presence delivered largely through franchise and partner arrangements, plus a global e-commerce platform that ships to multiple markets.