Next (OTCMKTS:NXGPY) Reaches New 12-Month High – Should You Buy?

Next PLC (OTCMKTS:NXGPY)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $101.25 and last traded at $101.25, with a volume of 468 shares trading hands. The stock had previously closed at $91.22.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut Next from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Next currently has an average rating of “Hold”.

Next Stock Up 11.0%

The company has a current ratio of 1.74, a quick ratio of 1.16 and a debt-to-equity ratio of 0.85. The firm has a 50-day moving average price of $92.77 and a two-hundred day moving average price of $86.85.

Next Company Profile

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.