NEX Group PLC (LON:NXG) insider Stuart J. Bridges acquired 25,000 shares of the stock in a transaction on Tuesday, May 16th. The shares were bought at an average price of GBX 605 ($7.81) per share, with a total value of £151,250 ($195,236.87).
NEX Group PLC (LON:NXG) opened at 649.00 on Monday. The stock has a 50 day moving average price of GBX 597.46 and a 200 day moving average price of GBX 541.49. The stock’s market cap is GBX 2.41 billion. NEX Group PLC has a 1-year low of GBX 445.10 and a 1-year high of GBX 649.50.
The firm also recently disclosed a dividend, which will be paid on Friday, July 21st. Stockholders of record on Thursday, June 29th will be issued a dividend of GBX 27 ($0.35) per share. The ex-dividend date of this dividend is Thursday, June 29th. This represents a dividend yield of 4.47%.
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A number of research analysts have issued reports on NXG shares. Barclays PLC reiterated an “overweight” rating and set a GBX 615 ($7.94) price objective on shares of NEX Group PLC in a research note on Friday, February 17th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 500 ($6.45) price objective on shares of NEX Group PLC in a research note on Wednesday, February 15th. BNP Paribas reiterated an “outperform” rating and set a GBX 620 ($8.00) price objective on shares of NEX Group PLC in a research note on Thursday, February 16th. Liberum Capital reiterated an “under review” rating on shares of NEX Group PLC in a research note on Wednesday, February 15th. Finally, Citigroup Inc reiterated a “neutral” rating and set a GBX 600 ($7.74) price objective on shares of NEX Group PLC in a research note on Monday, March 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 594.60 ($7.68).
NEX Group PLC Company Profile
NEX Group plc is a technology-based service company. The Company is engaged in electronic trading business, offering a diverse portfolio of products and services in the over-the-counter (OTC) markets. The Company’s segments include NEX Markets, which includes EBS BrokerTec and NEX Exchange (formerly the ICAP Securities and Derivatives Exchange (ISDX)); NEX Optimisation, which includes PTRI and Euclid Opportunities, and Group, which includes all residual income from shipping (forward revenue), and central costs not attributable to the business units.
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