NextDecade Co. (NASDAQ:NEXT - Get Free Report)'s stock price was up 8.5% during mid-day trading on Tuesday . The stock traded as high as $8.04 and last traded at $7.87. Approximately 885,991 shares changed hands during trading, a decline of 47% from the average daily volume of 1,676,027 shares. The stock had previously closed at $7.25.
NextDecade Stock Performance
The firm's fifty day moving average price is $8.02 and its 200-day moving average price is $6.83. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17. The company has a market cap of $2.35 billion, a P/E ratio of -8.06 and a beta of 1.18.
NextDecade (NASDAQ:NEXT - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, research analysts forecast that NextDecade Co. will post -0.61 EPS for the current fiscal year.
Institutional Trading of NextDecade
Several institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors boosted its position in shares of NextDecade by 3.6% during the 3rd quarter. Captrust Financial Advisors now owns 43,544 shares of the company's stock valued at $205,000 after acquiring an additional 1,518 shares in the last quarter. Briaud Financial Planning Inc boosted its position in NextDecade by 29.2% in the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock valued at $71,000 after buying an additional 2,109 shares in the last quarter. Mariner LLC boosted its position in NextDecade by 19.6% in the fourth quarter. Mariner LLC now owns 15,836 shares of the company's stock valued at $122,000 after buying an additional 2,592 shares in the last quarter. Rhumbline Advisers boosted its position in NextDecade by 1.9% in the fourth quarter. Rhumbline Advisers now owns 147,900 shares of the company's stock valued at $1,140,000 after buying an additional 2,722 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in NextDecade by 0.9% in the fourth quarter. Bank of New York Mellon Corp now owns 325,367 shares of the company's stock valued at $2,509,000 after buying an additional 2,833 shares in the last quarter. 66.74% of the stock is currently owned by institutional investors and hedge funds.
NextDecade Company Profile
(
Get Free Report)
NextDecade Corp. is a development company.
Featured Stories
Before you consider NextDecade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NextDecade wasn't on the list.
While NextDecade currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
