Next (OTCMKTS:NXGPY) Stock Breaks Below 50 Day Moving Average on Analyst Downgrade

Shares of Next PLC (OTCMKTS:NXGPY – Get Free Report) passed below its 50-day moving average during trading on Monday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The stock has a 50-day moving average of $102.65 and traded as low as $99.4025. Next shares last traded at $99.4025, with a volume of 517 shares traded.

Next Stock Performance

The business’s 50-day simple moving average is $102.59 and its 200 day simple moving average is $96.47. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.15 and a current ratio of 1.76.

About Next

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Next plc is a United Kingdom-based retailer that sells clothing, footwear, accessories, and home furnishings. The company serves customers through a network of branded stores, websites, and catalogs, with its online operations playing a significant role in its retail business.

Next offers products under its own brands and sells selected third-party and partner brands. Its businesses include the NEXT brand, the online NEXT Directory, and platform services that support other retailers with ecommerce, logistics, and related capabilities.

Further Reading

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