Next (OTCMKTS:NXCLF) Trading 3.9% Higher – Here’s Why

Next Co., Ltd. (OTCMKTS:NXCLF)’s stock price rose 3.9% during mid-day trading on Monday . The stock traded as high as $1.58 and last traded at $1.58. Approximately 100 shares changed hands during mid-day trading, The stock had previously closed at $1.5214.

Next Price Performance

The firm has a fifty day simple moving average of $1.54 and a 200 day simple moving average of $1.39. The company has a market capitalization of $202.45 million, a PE ratio of 17.56 and a beta of -0.14. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.31 and a current ratio of 3.31.

Next (OTCMKTS:NXCLF) last issued its earnings results on Wednesday, June 3rd. The company reported $0.04 earnings per share for the quarter. Next had a return on equity of 13.29% and a net margin of 11.83%.The business had revenue of $50.40 million during the quarter.

Next Company Profile

Next plc, trading over-the-counter under the symbol NXCLF, is a British multinational retailer specializing in fashion, footwear and home products. The company operates a network of physical stores across the United Kingdom and Ireland, complemented by a global e-commerce platform that serves customers in more than 70 countries. Next offers a broad range of branded and own-label apparel for men, women and children, as well as home furnishings, accessories and beauty products.

The origins of Next trace back to the 19th century tailoring business of Joseph Hepworth & Son, which gradually evolved into the modern Next brand first launched in 1982.