Next 15 Group (LON:NFG) Trading 3.8% Higher – Should You Buy?

Next 15 Group plc (LON:NFG)’s stock price was up 3.8% on Monday . The stock traded as high as GBX 423.50 ($5.37) and last traded at GBX 420.50 ($5.33). Approximately 595,409 shares traded hands during trading, an increase of 84% from the average daily volume of 323,706 shares. The stock had previously closed at GBX 405 ($5.13).

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NFG. Shore Capital reiterated a “buy” rating on shares of Next 15 Group in a research note on Thursday, September 19th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 885 ($11.22) target price on shares of Next 15 Group in a report on Tuesday, September 17th.

Next 15 Group Stock Performance

The firm has a market capitalization of £421.85 million, a P/E ratio of 720.69 and a beta of 1.50. The firm has a 50-day moving average of GBX 416.16 and a 200-day moving average of GBX 702.13.

Next 15 Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 17th were given a dividend of GBX 4.75 ($0.06) per share. The ex-dividend date of this dividend was Thursday, October 17th. This represents a dividend yield of 0.98%. Next 15 Group’s dividend payout ratio (DPR) is presently 2,586.21%.

Insider Buying and Selling

In other news, insider Helen Hunter acquired 3,235 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The stock was bought at an average price of GBX 460 ($5.83) per share, with a total value of £14,881 ($18,865.37). 7.61% of the stock is owned by corporate insiders.

About Next 15 Group

Next 15 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 relation services; and digital and technology products and services.