Next Fifteen Communications Group (LON:NFC) Stock Crosses Above 200-Day Moving Average of $1,000.54

Next Fifteen Communications Group plc (LON:NFC)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,000.54 ($13.07) and traded as high as GBX 1,155 ($15.09). Next Fifteen Communications Group shares last traded at GBX 1,115 ($14.57), with a volume of 121,997 shares changing hands.

Separately, Berenberg Bank lifted their target price on shares of Next Fifteen Communications Group from GBX 1,140 ($14.89) to GBX 1,270 ($16.59) and gave the company a “buy” rating in a report on Wednesday, August 25th.

The company’s 50 day simple moving average is GBX 1,160.14 and its 200 day simple moving average is GBX 1,000.54. The firm has a market cap of £1.03 billion and a price-to-earnings ratio of -227.55. The company has a debt-to-equity ratio of 47.69, a current ratio of 0.78 and a quick ratio of 0.78.

The firm also recently declared a dividend, which will be paid on Friday, November 26th. Shareholders of record on Thursday, October 28th will be paid a GBX 3.60 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, October 28th. This represents a dividend yield of 0.32%. Next Fifteen Communications Group’s dividend payout ratio (DPR) is -1.43%.

In other Next Fifteen Communications Group news, insider Tim Dyson sold 77,997 shares of the business’s stock in a transaction on Thursday, October 14th. The shares were sold at an average price of GBX 1,135 ($14.83), for a total value of £885,265.95 ($1,156,605.63).

About Next Fifteen Communications Group (LON:NFC)

Next Fifteen Communications Group plc, together with its subsidiaries, provides communications services in the United Kingdom, Europe, 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.

Further Reading: Quantitative Easing

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