Proficio Capital Partners LLC acquired a new position in NextDecade Co. (NASDAQ:NEXT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 69,691 shares of the company's stock, valued at approximately $537,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC boosted its position in NextDecade by 350.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company's stock valued at $35,000 after purchasing an additional 3,485 shares during the last quarter. Mainstream Capital Management LLC acquired a new position in NextDecade during the 4th quarter valued at $56,000. Twin Securities Inc. bought a new stake in NextDecade in the 3rd quarter valued at $52,000. Stoneridge Investment Partners LLC bought a new stake in shares of NextDecade in the fourth quarter valued at about $91,000. Finally, ARS Investment Partners LLC bought a new stake in shares of NextDecade in the 4th quarter worth approximately $124,000. Institutional investors own 66.74% of the company's stock.
NextDecade Stock Performance
Shares of NASDAQ NEXT traded down $0.63 during trading hours on Thursday, reaching $8.42. The stock had a trading volume of 1,773,579 shares, compared to its average volume of 1,722,098. The company has a market cap of $2.19 billion, a price-to-earnings ratio of -7.52 and a beta of 1.18. The business's fifty day moving average is $8.09 and its two-hundred day moving average is $6.94. NextDecade Co. has a twelve month low of $4.27 and a twelve month high of $9.71. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick 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) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($1.67). As a group, research analysts expect that NextDecade Co. will post -0.61 EPS for the current year.
NextDecade Profile
(
Free Report)
NextDecade Corp. is a development company.
Further Reading
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
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
