On Monday, NextDecade Corporation (NASDAQ: NEXT) opened higher 0.43% from the last session, before settling in for the closing price of $6.95. Price fluctuations for NEXT have ranged from $4.26 to $8.52 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 33.45% at the time writing. With a float of $164.82 million, this company’s outstanding shares have now reached $257.00 million.
Let’s determine the extent of company efficiency that accounts for 147 employees. In terms of profitability, gross margin is -597.91%, operating margin of -17467.36%, and the pretax margin is -50532.31%.
NextDecade Corporation (NEXT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of NextDecade Corporation is 36.68%, while institutional ownership is 46.93%. 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 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
Check out the current performance indicators for NextDecade Corporation (NEXT). In the past quarter, the stock posted 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)
Looking closely at NextDecade Corporation (NASDAQ: NEXT), its last 5-days average volume was 1.25 million, which is a drop from its year-to-date volume of 1.58 million. As of the previous 9 days, the stock’s Stochastic %D was 86.38%. Additionally, its Average True Range was 0.31.
During the past 100 days, NextDecade Corporation’s (NEXT) raw stochastic average was set at 77.65%, which indicates a significant decrease from 81.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.40% in the past 14 days, which was lower than the 53.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.69, while its 200-day Moving Average is $6.39. However, in the short run, NextDecade Corporation’s stock first resistance to watch stands at $7.14. Second resistance stands at $7.30. The third major resistance level sits at $7.44. If the price goes on to break the first support level at $6.84, it is likely to go to the next support level at $6.70. Now, if the price goes above the second support level, the third support stands at $6.54.
NextDecade Corporation (NASDAQ: NEXT) Key Stats
There are currently 260,291K shares outstanding in the company with a market cap of 1.82 billion. Presently, the company’s annual sales total 0 K according to its annual income of -162,260 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -123,200 K.
