NextDecade Co. (NASDAQ:NEXT - Get Free Report)'s share price fell 12.9% during mid-day trading on Friday . The stock traded as low as $6.43 and last traded at $6.30. 335,073 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 1,768,737 shares. The stock had previously closed at $7.24.
NextDecade Stock Performance
The stock has a market capitalization of $1.79 billion, a PE ratio of -6.15 and a beta of 0.80. The business's 50 day moving average is $7.81 and its 200 day moving average is $7.11. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17.
NextDecade (NASDAQ:NEXT - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($1.67). On average, equities research analysts predict that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.
Institutional Trading of NextDecade
A number of hedge funds and other institutional investors have recently bought and sold shares of NEXT. Captrust Financial Advisors lifted its holdings in 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 buying an additional 1,518 shares in the last quarter. Briaud Financial Planning Inc raised its stake in shares of NextDecade by 29.2% during the fourth quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company's stock valued at $71,000 after acquiring an additional 2,109 shares in the last quarter. Mariner LLC raised its stake in shares of NextDecade by 19.6% during the fourth quarter. Mariner LLC now owns 15,836 shares of the company's stock valued at $122,000 after acquiring an additional 2,592 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of 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 purchasing an additional 2,722 shares during the period. Finally, Bank of New York Mellon Corp grew its stake 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 worth $2,509,000 after purchasing an additional 2,833 shares in the last quarter. Hedge funds and other institutional investors own 66.74% of the company's stock.
NextDecade Company Profile
(
Get Free Report)
NextDecade Corp. is a development company.
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