A new trading day began on June 22, 2022, with NextDecade Corporation (NASDAQ: NEXT) stock priced at $5.04, down -8.32% from the previous day of trading. During the day, the shares moved up to $5.19 and dropped to $4.86 before settling in for the closing price of $5.41. NEXT’s price has ranged from $2.08 to $8.10 over the past 52 weeks.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
Meanwhile, its annual earnings per share averaged -38.40%. With a float of $33.68 million, this company’s outstanding shares have now reached $121.33 million.
The firm has a total of 57 workers. Let’s measure their productivity.
NextDecade Corporation (NEXT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of NextDecade Corporation is 1.90%, while institutional ownership is 71.20%.
NextDecade Corporation (NEXT) Earnings and Forecasts
In its latest quarterly report, released on 12/30/2021, the company reported earnings of -$0.11 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -38.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.60% during the next five years compared to -28.50% drop over the previous five years of trading.
NextDecade Corporation (NASDAQ: NEXT) Trading Performance Indicators
Technical Analysis of NextDecade Corporation (NEXT)
Analysing the last 5-days average volume posted by the [NextDecade Corporation, NEXT], we can find that recorded value of 1.01 million was lower than the volume posted last year of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 5.94%. Additionally, its Average True Range was 0.58.
During the past 100 days, NextDecade Corporation’s (NEXT) raw stochastic average was set at 47.84%, which indicates a significant increase from 3.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.81% in the past 14 days, which was lower than the 117.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.39, while its 200-day Moving Average is $4.08. Now, the first resistance to watch is $5.15. This is followed by the second major resistance level at $5.33. The third major resistance level sits at $5.48. If the price goes on to break the first support level at $4.82, it is likely to go to the next support level at $4.67. Should the price break the second support level, the third support level stands at $4.49.
NextDecade Corporation (NASDAQ: NEXT) Key Stats
With a market capitalization of 682.35 million, the company has a total of 127,882K Shares Outstanding. Currently, annual sales are 0 K while annual income is -22,040 K. The company’s previous quarter sales were 0 K while its latest quarter income was -11,440 K.