NEXT (LON:NXT) Shares Pass Above 200 Day Moving Average of $8,119.24

NEXT plc (LON:NXT) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 8,119.24 ($101.07) and traded as high as GBX 8,804 ($109.60). NEXT shares last traded at GBX 8,774 ($109.22), with a volume of 151,950 shares traded.

NEXT Price Performance

The company has a debt-to-equity ratio of 119.24, a quick ratio of 1.07 and a current ratio of 1.97. The company has a 50-day simple moving average of GBX 8,672.36 and a 200-day simple moving average of GBX 8,119.24. The company has a market cap of £11.15 billion, a price-to-earnings ratio of 1,337.50, a PEG ratio of 5.66 and a beta of 1.27.

NEXT Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, August 1st. Shareholders of record on Thursday, July 4th will be given a dividend of GBX 141 ($1.76) per share. This is a boost from NEXT’s previous dividend of $66.00. The ex-dividend date of this dividend is Thursday, July 4th. This represents a yield of 1.66%. NEXT’s payout ratio is presently 3,155.49%.

Insiders Place Their Bets

In other news, insider Jeremy Stakol sold 33,154 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of GBX 8,950 ($111.42), for a total transaction of £2,967,283 ($3,693,866.55). 6.89% of the stock is currently owned by insiders.

About NEXT

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; Joules; Property Management; and International Retail, Sourcing, and other segments.