NEXT plc (OTCMKTS:NXGPF – Get Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $183.69 and traded as low as $173.1954. NEXT shares last traded at $173.1954, with a volume of 59 shares.
Wall Street Analysts Forecast Growth
Separately, Investec raised shares of NEXT to a “buy” rating in a research note on Wednesday. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on NEXT
NEXT Stock Up 1.4%
About NEXT
Next Plc is a British multinational retailer specializing in clothing, footwear and home products. Headquartered in Enderby, Leicestershire, the company operates through a combination of full-price stores, outlet locations and an extensive online platform. Since its launch under the Next brand in 1982, the company has focused on designing and sourcing a wide range of apparel and homeware items for men, women and children.
The company’s core business activities include product design, sourcing and distribution, underpinned by its integrated logistics network.
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