NEXT/ADR (OTCMKTS:NXGPY) Shares Down 7.5%

NEXT/ADR (OTCMKTS:NXGPY)’s share price was down 7.5% during mid-day trading on Tuesday . The company traded as low as $41.79 and last traded at $41.79, approximately 300 shares traded hands during trading. An increase of 199% from the average daily volume of 100 shares. The stock had previously closed at $45.20.

A number of research analysts have recently issued reports on NXGPY shares. Zacks Investment Research upgraded shares of NEXT/ADR from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Thursday, October 3rd. ValuEngine lowered shares of NEXT/ADR from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 17th.

The firm has a market capitalization of $11.75 billion, a price-to-earnings ratio of 14.46, a price-to-earnings-growth ratio of 5.76 and a beta of 0.69. The business’s 50 day moving average price is $41.57 and its 200-day moving average price is $37.84.

NEXT/ADR Company Profile (OTCMKTS:NXGPY)

NEXT plc engages in the retail of clothing, footwear, accessories, and/or home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates in seven segments: NEXT Retail, NEXT Online, NEXT Finance, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management.

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