Next 15 Group (LON:NFG) Stock Price Down 0.8%

Next 15 Group plc (LON:NFG)’s stock price dropped 0.8% during mid-day trading on Tuesday . The stock traded as low as GBX 894 ($11.34) and last traded at GBX 900 ($11.42). Approximately 336,787 shares changed hands during mid-day trading, an increase of 76% from the average daily volume of 190,884 shares. The stock had previously closed at GBX 907 ($11.51).

Analyst Upgrades and Downgrades

Several brokerages have recently commented on NFG. Shore Capital reaffirmed a “buy” rating on shares of Next 15 Group in a report on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 1,450 ($18.39) price objective on shares of Next 15 Group in a report on Thursday.

Next 15 Group Price Performance

The firm has a 50-day moving average price of GBX 944.72 and a 200 day moving average price of GBX 902.67. The company has a market cap of £861.78 million, a price-to-earnings ratio of 1,725.45 and a beta of 1.42.

Next 15 Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, August 9th. Investors of record on Thursday, July 4th will be given a dividend of GBX 10.60 ($0.13) per share. The ex-dividend date is Thursday, July 4th. This represents a yield of 1.12%. This is an increase from Next 15 Group’s previous dividend of $4.75. Next 15 Group’s dividend payout ratio is currently 3,000.00%.

Insider Buying and Selling at Next 15 Group

In other news, insider Tim Dyson acquired 76,944 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The shares were bought at an average price of GBX 954 ($12.10) per share, with a total value of £734,045.76 ($931,175.64). Company insiders own 7.74% of the company’s stock.

Next 15 Group Company Profile

Next 15 Group plc, together with its subsidiaries, provides communications services in the United Kingdom, Europe, Africa, the United States, and the Asia Pacific. It offers strategy and insight, online marketing, corporate and internal communications, media training, brand and message consultancy, market research, digital, marketing communications, and creative and content, as well as public, media, analyst, and investor relation services; and digital and technology products and services.