Next PLC (OTCMKTS:NXGPY) Short Interest Update

Next PLC (OTCMKTS:NXGPY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 498 shares, a growth of 77.2% from the December 15th total of 281 shares. Based on an average daily volume of 282 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 282 shares, the days-to-cover ratio is presently 1.8 days.

Next Price Performance

Next stock traded down $9.80 during mid-day trading on Thursday, hitting $91.45. 184 shares of the company traded hands, compared to its average volume of 261. The company has a current ratio of 1.74, a quick ratio of 1.16 and a debt-to-equity ratio of 0.85. Next has a one year low of $58.17 and a one year high of $101.25. The stock has a fifty day moving average price of $93.33 and a 200-day moving average price of $87.46.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on NXGPY shares. Zacks Research upgraded shares of Next from a “hold” rating to a “strong-buy” rating in a research report on Monday. Jefferies Financial Group lowered Next from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Next currently has a consensus rating of “Buy”.

About Next

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.