Shore Capital Reiterates “Not Rated” Rating for NEXT (LON:NXT)

NEXT (LON:NXT)‘s stock had its “not rated” rating reaffirmed by equities researchers at Shore Capital in a research note issued to investors on Thursday, Digital Look reports.

NEXT Stock Up 0.7 %

Shares of LON:NXT traded up GBX 75 ($0.99) during mid-day trading on Thursday, hitting £104.10 ($137.52). 813,281 shares of the company traded hands, compared to its average volume of 506,733. The stock has a 50-day moving average price of GBX 9,607.94 and a two-hundred day moving average price of GBX 9,230.18. NEXT has a 12-month low of GBX 6,746 ($89.11) and a 12-month high of £111.04 ($146.68). The stock has a market cap of £12.45 billion, a P/E ratio of 1,586.89, a P/E/G ratio of 5.66 and a beta of 1.37. The company has a current ratio of 1.97, a quick ratio of 1.07 and a debt-to-equity ratio of 117.65.

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.