NextDecade Corporation (NASDAQ: NEXT) kicked off on Monday, up 3.03% from the previous trading day, before settling in for the closing price of $7.26. Over the past 52 weeks, NEXT has traded in a range of $4.26-$8.52.
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While this was happening, its average annual earnings per share was recorded 33.45%. With a float of $164.52 million, this company’s outstanding shares have now reached $254.30 million.
Considering the fact that the conglomerate employs 147 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -597.91%, operating margin of -17467.36%, and the pretax margin is -20875.6%.
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 46.79%. 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 33.45% 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 0.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.00, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -1.01 in one year’s time.
Technical Analysis of NextDecade Corporation (NEXT)
Compared to the last year’s volume of 1.56 million, its volume of 2.39 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.61%. Additionally, its Average True Range was 0.36.
During the past 100 days, NextDecade Corporation’s (NEXT) raw stochastic average was set at 75.53%, which indicates a significant decrease from 93.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.38% in the past 14 days, which was higher than the 69.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.56, while its 200-day Moving Average is $6.12. Nevertheless, the first resistance level for the watch stands at $7.63 in the near term. At $7.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.91. If the price goes on to break the first support level at $7.35, it is likely to go to the next support level at $7.21. Now, if the price goes above the second support level, the third support stands at $7.06.
NextDecade Corporation (NASDAQ: NEXT) Key Stats
The company with the Market Capitalisation of 1.94 billion has total of 260,291K 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 -123,200 K.