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

by · The Markets Daily

Next PLC (OTCMKTS:NXGPY – Get Free Report)’s share price 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 Price Performance

The company’s fifty day simple moving average is $102.44 and its 200 day simple moving average is $96.59. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.80.

About Next

(Get Free Report)

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.

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