A new trading day began on Friday, with NextDecade Corporation (NASDAQ: NEXT) stock price up 0.70% from the previous day of trading, before settling in for the closing price of $7.19. NEXT’s price has ranged from $4.26 to $8.52 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 33.45%. With a float of $164.52 million, this company’s outstanding shares have now reached $254.30 million.
The extent of productivity of a business whose workforce counts for 147 workers is very important to gauge. In terms of profitability, gross margin is -597.91%, operating margin of -17467.36%, and the pretax margin is -20875.6%.
NextDecade Corporation (NEXT) Insider and Institutional Ownership
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 36.79%, while institutional ownership is 46.92%. 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) Latest Financial update
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
Here are NextDecade Corporation’s current performance indicators. According to the last quarter’s results, the 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 -0.19 in the next quarter and is forecasted to reach -1.01 in one year’s time.
Technical Analysis of NextDecade Corporation (NEXT)
The latest stats from [NextDecade Corporation, NEXT] show that its last 5-days average volume of 2.44 million was superior to 1.6 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 33.33%. Additionally, its Average True Range was 0.33.
During the past 100 days, NextDecade Corporation’s (NEXT) raw stochastic average was set at 69.88%, which indicates a significant increase from 37.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.40% in the past 14 days, which was lower than the 69.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.97, while its 200-day Moving Average is $6.21. Now, the first resistance to watch is $7.31. This is followed by the second major resistance level at $7.38. The third major resistance level sits at $7.45. If the price goes on to break the first support level at $7.17, it is likely to go to the next support level at $7.10. The third support level lies at $7.03 if the price breaches the second support level.
NextDecade Corporation (NASDAQ: NEXT) Key Stats
With a market capitalization of 1.90 billion, the company has a total of 260,291K Shares Outstanding. Currently, annual sales are 0 K while annual income is -162,260 K. The company’s previous quarter sales were 0 K while its latest quarter income was -123,200 K.
