NEXT (LON:NXT) Reaches New 12-Month Low – Should You Sell?

NEXT plc (LON:NXT) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 3.71 ($0.05) and last traded at GBX 9,634 ($120.29), with a volume of 1362883 shares. The stock had previously closed at GBX 9,502 ($118.64).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “hold” rating on shares of NEXT in a research note on Tuesday, January 7th.

NEXT Stock Performance

The company’s 50 day simple moving average is GBX 9,674.05 and its 200 day simple moving average is GBX 9,707.38. The company has a debt-to-equity ratio of 125.90, a quick ratio of 1.07 and a current ratio of 1.68. The stock has a market cap of £11.15 billion, a PE ratio of 1,421.61, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37.

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.