NEXT (LON:NXT) Stock Passes Above 200 Day Moving Average of $8,310.72

NEXT plc (LON:NXT)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 8,310.72 ($104.41) and traded as high as GBX 9,274 ($116.51). NEXT shares last traded at GBX 9,106 ($114.40), with a volume of 195,372 shares trading hands.

NEXT Price Performance

The stock has a 50 day moving average of GBX 8,834.68 and a two-hundred day moving average of GBX 8,310.72. The stock has a market cap of £11.64 billion, a PE ratio of 1,388.11, a PEG ratio of 5.66 and a beta of 1.27. The company has a debt-to-equity ratio of 119.24, a quick ratio of 1.07 and a current ratio of 1.97.

NEXT Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 1st. Investors of record on Thursday, July 4th will be paid a GBX 141 ($1.77) dividend. This is a positive change from NEXT’s previous dividend of $66.00. The ex-dividend date is Thursday, July 4th. This represents a yield of 1.66%. NEXT’s dividend payout ratio (DPR) is currently 3,155.49%.

Insider Activity

In related news, insider Jeremy Stakol sold 33,154 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of GBX 8,950 ($112.44), for a total transaction of £2,967,283 ($3,727,742.46). 6.89% of the stock is currently owned by corporate insiders.

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.