NextDecade Corporation (NEXT) volume exceeds 0.83 million: A new investment opportunity for investors

NextDecade Corporation (NASDAQ: NEXT) kicked off on Tuesday, down -2.34% from the previous trading day, before settling in for the closing price of $5.56. Over the past 52 weeks, NEXT has traded in a range of $4.01-$8.52.

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While this was happening, its average annual earnings per share was recorded 85.72%. With a float of $164.03 million, this company’s outstanding shares have now reached $254.30 million.

The firm has a total of 147 workers. Let’s measure their productivity. In terms of profitability, gross margin is -535.16%, operating margin of -16003.52%, and the pretax margin is 12645.6%.

NextDecade Corporation (NEXT) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of NextDecade Corporation is 36.79%, while institutional ownership is 43.93%. The most recent insider transaction that took place on Jul 29 ’24, was worth 87,681,818. In this transaction 10% Owner of this company bought 11,690,909 shares at a rate of $7.50, taking the stock ownership to the 17,536,369 shares. Before that another transaction happened on Jul 25 ’24, when Company’s Director sold 35,072,737 for $7.50, making the entire transaction worth $263,045,528. This insider now owns 4,264,298 shares in total.

NextDecade Corporation (NEXT) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 85.72% 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 -18.13% drop over the previous five years of trading.

NextDecade Corporation (NASDAQ: NEXT) Trading Performance Indicators

Take a look at NextDecade Corporation’s (NEXT) current performance indicators. Last quarter, stock had a quick ratio of 0.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.77 in one year’s time.

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 1.21 million was lower than the volume posted last year of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 85.56%. Additionally, its Average True Range was 0.26.

During the past 100 days, NextDecade Corporation’s (NEXT) raw stochastic average was set at 27.29%, which indicates a significant decrease from 76.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.26% in the past 14 days, which was lower than the 65.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.91, while its 200-day Moving Average is $5.93. Now, the first resistance to watch is $5.57. This is followed by the second major resistance level at $5.70. The third major resistance level sits at $5.83. If the price goes on to break the first support level at $5.30, it is likely to go to the next support level at $5.17. Now, if the price goes above the second support level, the third support stands at $5.03.

NextDecade Corporation (NASDAQ: NEXT) Key Stats

The company with the Market Capitalisation of 1.41 billion has total of 257,994K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -162,260 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -32,580 K.