Next (OTCMKTS:NXGPY) Shares Gap Down – Here’s Why

Next PLC (OTCMKTS:NXGPY) shares gapped down before the market opened on Monday . The stock had previously closed at $111.55, but opened at $106.5250. Next shares last traded at $106.5250, with a volume of 199 shares traded.

Next Stock Performance

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’s 50 day moving average is $103.14 and its two-hundred day moving average is $93.85.

Next Company Profile

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.