Next (OTCMKTS:NXGPY) Shares Gap Up – Time to Buy?

Next PLC (OTCMKTS:NXGPY)’s stock price gapped up before the market opened on Friday. The stock had previously closed at $99.8540, but opened at $104.75. Next shares last traded at $104.75, with a volume of 532 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Next from a “hold” rating to a “strong sell” rating in a research note on Monday, October 12th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce”.

Next Stock Up 2.0%

The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.80. The stock has a fifty day moving average price of $101.84 and a 200-day moving average price of $97.32.

Next Company Profile

Next plc is a United Kingdom-based retailer offering clothing, footwear, accessories, beauty products and home furnishings. The company sells products through its portfolio of retail stores, websites and mobile platforms, serving customers in the U.K. and international markets.

Next also operates as a platform for selected third-party brands, providing services such as online retail, warehousing, delivery and customer support. Its broader activities include finance-related services associated with customer purchases and the licensing of the Next brand to international partners.

The company traces its origins to J.