Next 15 Group (LON:NFG) Shares Down 1.8% – What’s Next?

Next 15 Group plc (LON:NFG)’s share price dropped 1.8% during trading on Thursday . The stock traded as low as GBX 300 ($4.04) and last traded at GBX 301 ($4.05). Approximately 213,913 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 495,242 shares. The stock had previously closed at GBX 306.50 ($4.13).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their price objective on Next 15 Group from GBX 790 ($10.64) to GBX 660 ($8.89) and set a “buy” rating on the stock in a research report on Tuesday, April 15th.

Next 15 Group Stock Performance

The stock has a fifty day moving average of GBX 273.59 and a 200 day moving average of GBX 315.66. The company has a market capitalization of £303.78 million, a PE ratio of 4.94 and a beta of 1.50.

Next 15 Group (LON:NFG) last released its earnings results on Tuesday, April 15th. The company reported GBX 71.90 ($0.97) EPS for the quarter. Next 15 Group had a net margin of 8.28% and a return on equity of 37.44%. As a group, equities analysts predict that Next 15 Group plc will post 60.4827586 EPS for the current year.

Next 15 Group Company Profile

Next 15 is redefining the landscape of growth consultancy with The Next Network, a decentralised collective of specialist consultancies, agencies, product builders, and venture creators. Our network is built for agility, powered by data, technology, and artificial intelligence, and is driven by the profound expertise of top-tier professionals.