Next Fifteen Communications Group (LON:NFC) Share Price Passes Below Two Hundred Day Moving Average of $557.02

Next Fifteen Communications Group plc (LON:NFC)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $557.02 and traded as low as $470.00. Next Fifteen Communications Group shares last traded at $470.00, with a volume of 8,679 shares changing hands.

A number of research firms have weighed in on NFC. Berenberg Bank decreased their target price on shares of Next Fifteen Communications Group from GBX 680 ($8.89) to GBX 630 ($8.23) and set a “buy” rating for the company in a research report on Thursday, October 3rd. Peel Hunt reissued a “buy” rating on shares of Next Fifteen Communications Group in a research report on Tuesday, October 8th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 640 ($8.36) target price on shares of Next Fifteen Communications Group in a research report on Tuesday, October 1st.

The firm has a market cap of $407.66 million and a price-to-earnings ratio of 55.95. The business’s 50-day simple moving average is GBX 483.92 and its two-hundred day simple moving average is GBX 557.02. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 72.15.

The company also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, October 24th were given a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 0.51%. The ex-dividend date of this dividend was Thursday, October 24th. Next Fifteen Communications Group’s dividend payout ratio is presently 0.95%.

In other news, insider Penny Ladkin-Brand bought 18,271 shares of the firm’s stock in a transaction on Thursday, October 3rd. The stock was acquired at an average price of GBX 497 ($6.49) per share, with a total value of £90,806.87 ($118,655.26).

Next Fifteen Communications Group Company Profile (LON:NFC)

Next Fifteen Communications Group plc provides communications services in the United Kingdom, Europe, the Middle East, Africa, the United States, and the Asia Pacific. It offers strategy and insight, online marketing, corporate and internal communications, media training, brand and message consultancy, market research, digital, marketing communications, and creative and content, as well as public, media, analyst, and investor relations services; and digital and technology products and services.

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