Next PLC (OTCMKTS:NXGPY) Short Interest Update
by Michael Walen · The Markets DailyNext PLC (OTCMKTS:NXGPY – Get Free Report) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,361 shares, a decline of 75.7% from the May 14th total of 5,605 shares. Based on an average trading volume of 1,717 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are short sold.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded shares of Next from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.
Read Our Latest Stock Analysis on Next
Next Stock Performance
Next stock remained flat at $93.24 during mid-day trading on Thursday. 66 shares of the company’s stock traded hands, compared to its average volume of 868. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.80. The business has a 50 day moving average of $89.08 and a 200 day moving average of $90.15. Next has a 1-year low of $78.67 and a 1-year high of $101.25.
Next Company Profile
Next is a UK-based retail group best known for its clothing, footwear and homeware offerings sold through a combination of physical stores, online channels and catalog services. The company markets predominantly its own-label fashion and lifestyle ranges across women’s, men’s and children’s apparel, together with footwear, accessories and home products. Its multi-channel model aims to integrate in-store merchandising with e-commerce and direct-to-consumer catalogue sales to reach a broad customer base.
Operations combine a network of domestic stores in the UK with international presence delivered largely through franchise and partner arrangements, plus a global e-commerce platform that ships to multiple markets.