Next (OTCMKTS:NXGPY) Shares Gap Down – Time to Sell?

Next PLC (OTCMKTS:NXGPY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $101.25, but opened at $91.45. Next shares last traded at $91.45, with a volume of 116 shares.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Zacks Research raised shares of Next from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Jefferies Financial Group lowered shares of Next from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Next presently has a consensus rating of “Buy”.

Next Price Performance

The business’s 50-day simple moving average is $93.19 and its 200-day simple moving average is $87.53. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.74 and a quick ratio of 1.16.

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.