NEXT plc (LON:NXT – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 9,426.09 ($123.09) and traded as high as £104.75 ($136.79). NEXT shares last traded at £104.55 ($136.52), with a volume of 157,777 shares.
Analyst Ratings Changes
Separately, Shore Capital reiterated a “not rated” rating on shares of NEXT in a research report on Thursday, September 19th.
Get Our Latest Analysis on NEXT
NEXT Stock Down 2.0 %
NEXT Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 5th will be paid a dividend of GBX 75 ($0.98) per share. This represents a dividend yield of 0.73%. The ex-dividend date is Thursday, December 5th. NEXT’s dividend payout ratio (DPR) is 3,287.67%.
Insider Activity
In related news, insider Wolfson Aspley Guise sold 290,000 shares of the company’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of £100.65 ($131.43), for a total transaction of £29,188,500 ($38,115,043.09). In other NEXT news, insider Jeremy Stakol sold 26,523 shares of the stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of GBX 9,879 ($129.00), for a total value of £2,620,207.17 ($3,421,529.34). Also, insider Wolfson Aspley Guise sold 290,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of £100.65 ($131.43), for a total value of £29,188,500 ($38,115,043.09). Insiders own 6.69% of the company’s stock.
NEXT Company Profile
NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.
Recommended Stories
- Five stocks we like better than NEXT
- What Are Dividend Champions? How to Invest in the Champions
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- How to Use the MarketBeat Excel Dividend Calculator
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
- Using the MarketBeat Stock Split Calculator
- MarketBeat Week in Review – 10/14 – 10/18
Receive News & Ratings for NEXT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT and related companies with MarketBeat.com's FREE daily email newsletter.