On Tuesday, NextDecade Corporation (NASDAQ: NEXT) was 7.10% up from the session before settling in for the closing price of $7.75. A 52-week range for NEXT has been $4.27 – $9.71.
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When this article was written, the company’s average yearly earnings per share was at -645.83%. With a float of $165.05 million, this company’s outstanding shares have now reached $257.60 million.
In an organization with 237 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
NextDecade Corporation (NEXT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward NextDecade Corporation stocks. The insider ownership of NextDecade Corporation is 36.73%, while institutional ownership is 44.92%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -645.83% per share during the next fiscal year.
NextDecade Corporation (NASDAQ: NEXT) Trading Performance Indicators
You can see what NextDecade Corporation (NEXT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.69, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -2.41 in one year’s time.
Technical Analysis of NextDecade Corporation (NEXT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.64 million. That was inferior than the volume of 1.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.55%. Additionally, its Average True Range was 0.48.
During the past 100 days, NextDecade Corporation’s (NEXT) raw stochastic average was set at 69.02%, which indicates a significant decrease from 79.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.36% in the past 14 days, which was lower than the 82.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.58, while its 200-day Moving Average is $6.79. However, in the short run, NextDecade Corporation’s stock first resistance to watch stands at $8.68. Second resistance stands at $9.05. The third major resistance level sits at $9.51. If the price goes on to break the first support level at $7.84, it is likely to go to the next support level at $7.38. Assuming the price breaks the second support level, the third support level stands at $7.01.
NextDecade Corporation (NASDAQ: NEXT) Key Stats
There are 260,874K outstanding shares of the company, which has a market capitalization of 2.17 billion. As of now, sales total 0 K while income totals -61,750 K. Its latest quarter income was 0 K while its last quarter net income were -88,800 K.
