Shares of NextDecade Co. (NASDAQ:NEXT - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $5.98, but opened at $6.60. NextDecade shares last traded at $7.30, with a volume of 220,459 shares traded.
NextDecade Stock Performance
The firm has a market cap of $1.78 billion, a price-to-earnings ratio of -6.11 and a beta of 0.80. The stock has a 50-day moving average of $7.67 and a 200-day moving average of $7.15. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49.
NextDecade (NASDAQ:NEXT - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, analysts anticipate that NextDecade Co. will post -0.61 EPS for the current fiscal year.
Institutional Trading of NextDecade
Several institutional investors and hedge funds have recently bought and sold shares of NEXT. Charles Schwab Investment Management Inc. increased its position in NextDecade by 43.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,064,816 shares of the company's stock worth $5,015,000 after buying an additional 321,603 shares during the period. BNP Paribas Financial Markets boosted its holdings in NextDecade by 74.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 59,674 shares of the company's stock valued at $281,000 after purchasing an additional 25,380 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of NextDecade by 16.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 144,778 shares of the company's stock worth $682,000 after purchasing an additional 19,939 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of NextDecade by 3.6% during the third quarter. Captrust Financial Advisors now owns 43,544 shares of the company's stock worth $205,000 after purchasing an additional 1,518 shares during the period. Finally, State Street Corp raised its position in shares of NextDecade by 7.1% in the third quarter. State Street Corp now owns 2,330,172 shares of the company's stock valued at $10,975,000 after buying an additional 155,309 shares in the last quarter. Institutional investors own 66.74% of the company's stock.
About NextDecade
(
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NextDecade Corp. is a development company.
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