NEXT (LON:NXT) Shares Pass Above 200 Day Moving Average of $8,119.24

Shares of NEXT plc (LON:NXT) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 8,119.24 ($101.07) and traded as high as GBX 8,804 ($109.60). NEXT shares last traded at GBX 8,774 ($109.22), with a volume of 151,950 shares traded.

NEXT Stock Down 0.8 %

The stock has a 50-day moving average of GBX 8,672.36 and a 200-day moving average of GBX 8,119.24. The company has a quick ratio of 1.07, a current ratio of 1.97 and a debt-to-equity ratio of 119.24. The company has a market cap of £11.15 billion, a PE ratio of 1,337.50, a P/E/G ratio of 5.66 and a beta of 1.27.

NEXT Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, August 1st. Shareholders of record on Thursday, July 4th will be paid a dividend of GBX 141 ($1.76) per share. The ex-dividend date is Thursday, July 4th. This represents a yield of 1.66%. This is a positive change from NEXT’s previous dividend of $66.00. NEXT’s payout ratio is 3,155.49%.

Insiders Place Their Bets

In other NEXT news, insider Jeremy Stakol sold 33,154 shares of NEXT stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of GBX 8,950 ($111.42), for a total transaction of £2,967,283 ($3,693,866.55). Corporate insiders own 6.89% of the company’s stock.

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; Joules; Property Management; and International Retail, Sourcing, and other segments.