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.
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