NextDecade Co. (NASDAQ:NEXT - Get Free Report)'s stock price traded up 6.4% during mid-day trading on Monday . The company traded as high as $6.39 and last traded at $6.04. 963,146 shares changed hands during trading, a decline of 46% from the average session volume of 1,793,428 shares. The stock had previously closed at $5.68.
NextDecade Trading Down 0.3 %
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 firm's 50-day simple moving average is $7.67 and its 200 day simple moving average is $7.15. The stock has a market capitalization of $1.78 billion, a P/E ratio of -6.11 and a beta of 0.80.
NextDecade (NASDAQ:NEXT - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($1.86) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by ($1.67). Equities research analysts anticipate that NextDecade Co. will post -0.61 EPS for the current fiscal year.
Institutional Investors Weigh In On NextDecade
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC raised its position in shares of NextDecade by 24.8% during the third quarter. Geode Capital Management LLC now owns 3,026,930 shares of the company's stock worth $14,260,000 after purchasing an additional 600,630 shares during the period. State Street Corp increased its stake in NextDecade by 7.1% in the 3rd quarter. State Street Corp now owns 2,330,172 shares of the company's stock worth $10,975,000 after purchasing an additional 155,309 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings 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. Catalyst Capital Advisors LLC lifted its stake in NextDecade by 3.4% during the fourth quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock valued at $28,916,000 after buying an additional 123,070 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of NextDecade in the fourth quarter worth about $537,000. Institutional investors and hedge funds own 66.74% of the company's stock.
NextDecade Company Profile
(
Get Free Report)
NextDecade Corp. is a development company.
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