Next PLC (OTCMKTS:NXGPY) Short Interest Update

Next PLC (OTCMKTS:NXGPY) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,470 shares, an increase of 75.2% from the March 15th total of 3,123 shares. Based on an average trading volume of 667 shares, the short-interest ratio is currently 8.2 days. Approximately 0.0% of the company’s stock are sold short.

Next Price Performance

Shares of OTCMKTS NXGPY opened at $92.10 on Monday. Next has a 1 year low of $76.00 and a 1 year high of $101.25. The firm has a 50-day moving average of $87.54 and a 200 day moving average of $90.04. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.74 and a quick ratio of 1.16.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Zacks Research cut shares of Next from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Jefferies Financial Group cut shares of Next from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 15th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Next has a consensus rating of “Hold”.

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.