NextDecade Corporation (NASDAQ: NEXT) on Friday, plunged -1.65% from the previous trading day, before settling in for the closing price of $7.90. Within the past 52 weeks, NEXT’s price has moved between $4.27 and $9.47.
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The company achieved an average annual earnings per share of 28.12%. With a float of $164.71 million, this company’s outstanding shares have now reached $257.00 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 -50532.31%.
NextDecade Corporation (NEXT) Insider Updates
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of NextDecade Corporation is 36.68%, while institutional ownership is 47.06%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -12.58% during the next five years compared to -18.13% drop over the previous five years of trading.
NextDecade Corporation (NASDAQ: NEXT) Trading Performance Indicators
NextDecade Corporation (NEXT) is currently performing well based on its current performance indicators. A quick ratio of 0.49 was reported for the most recent quarter.
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 -1.00 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 1.85 million was inferior to 2.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 36.11%. Additionally, its Average True Range was 0.46.
During the past 100 days, NextDecade Corporation’s (NEXT) raw stochastic average was set at 65.16%, which indicates a significant increase from 7.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.69% in the past 14 days, which was lower than the 57.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.63, while its 200-day Moving Average is $6.72. Now, the first resistance to watch is $7.95. This is followed by the second major resistance level at $8.13. The third major resistance level sits at $8.29. If the price goes on to break the first support level at $7.61, it is likely to go to the next support level at $7.45. Assuming the price breaks the second support level, the third support level stands at $7.27.
NextDecade Corporation (NASDAQ: NEXT) Key Stats
Market capitalization of the company is 2.02 billion based on 260,291K outstanding shares. Right now, sales total 0 K and income totals -162,260 K. The company made 0 K in profit during its latest quarter, and -123,200 K in sales during its previous quarter.
