NextDecade Corporation (NEXT) is 33.27% away from 50-day simple Moving Average despite all headwinds

Witnessing the stock’s movement on the chart, on Thursday, NextDecade Corporation (NASDAQ: NEXT) set off with pace as it heaved 2.39% to $7.27, before settling in for the price of $7.10 at the close. Taking a more long-term approach, NEXT posted a 52-week range of $4.26-$8.52.

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The Energy sector firm’s twelve-monthly sales growth has been 0.00% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -18.13%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 33.45%. This publicly-traded company’s shares outstanding now amounts to $254.30 million, simultaneously with a float of $164.54 million. The organization now has a market capitalization sitting at $1.89 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.46, while the 200-day Moving Average is $6.09.

NextDecade Corporation (NEXT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas E&P industry. NextDecade Corporation’s current insider ownership accounts for 36.79%, in contrast to 46.33% institutional ownership. According to the most recent insider trade that took place on Jul 29 ’24, this organization’s 10% Owner bought 11,690,909 shares at the rate of 7.50, making the entire transaction reach 87,681,818 in total value, affecting insider ownership by 17,536,369. Preceding that transaction, on Jul 25 ’24, Company’s Director sold 35,072,737 for 7.50, making the whole transaction’s value amount to 263,045,528. This particular insider is now the holder of 4,264,298 in total.

NextDecade Corporation (NEXT) Earnings and Revenue Records

NextDecade Corporation’s EPS increase for this current 12-month fiscal period is 33.45% and is forecasted to reach -1.01 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 0.60% through the next 5 years, which can be compared against the -18.13% growth it accomplished over the previous five years trading on the market.

NextDecade Corporation (NASDAQ: NEXT) Trading Performance Indicators

Let’s observe the current performance indicators for NextDecade Corporation (NEXT). It’s Quick Ratio in the last reported quarter now stands at 0.49. The Stock has managed to achieve an average true range (ATR) of 0.36.

In the same vein, NEXT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.00, a figure that is expected to reach -0.42 in the next quarter, and analysts are predicting that it will be -1.01 at the market close of one year from today.

Technical Analysis of NextDecade Corporation (NEXT)

Going through the that latest performance of [NextDecade Corporation, NEXT]. Its last 5-days volume of 2.19 million indicated improvement to the volume of 1.55 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 87.53% While, its Average True Range was 0.38.

Raw Stochastic average of NextDecade Corporation (NEXT) in the period of the previous 100 days is set at 70.59%, which indicates a major fall in contrast to 92.76% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 78.68% that was higher than 69.13% volatility it exhibited in the past 100-days period.