NextDecade Co. (NASDAQ:NEXT - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $8.53 and last traded at $8.53, with a volume of 473363 shares changing hands. The stock had previously closed at $8.10.
NextDecade Stock Performance
The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.17. The stock's fifty day moving average is $7.34 and its two-hundred day moving average is $6.40. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of -8.12 and a beta of 1.29.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Captrust Financial Advisors lifted its stake in NextDecade by 3.6% in the 3rd quarter. Captrust Financial Advisors now owns 43,544 shares of the company's stock valued at $205,000 after purchasing an additional 1,518 shares during the last quarter. Marshall Wace LLP raised its stake in NextDecade by 21.9% in the second quarter. Marshall Wace LLP now owns 12,800 shares of the company's stock valued at $102,000 after buying an additional 2,300 shares during the period. Twin Securities Inc. acquired a new stake in shares of NextDecade in the third quarter valued at approximately $52,000. SG Americas Securities LLC lifted its position in shares of NextDecade by 47.0% in the fourth quarter. SG Americas Securities LLC now owns 43,208 shares of the company's stock valued at $333,000 after buying an additional 13,807 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of NextDecade by 23.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 74,829 shares of the company's stock worth $594,000 after acquiring an additional 14,451 shares during the period. 66.74% of the stock is currently owned by institutional investors and hedge funds.
About NextDecade
(
Get Free Report)
NextDecade Corp. is a development company.
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