On Monday, NextDecade Corporation (NASDAQ: NEXT) opened lower -0.22% from the last session, before settling in for the closing price of $9.14. Price fluctuations for NEXT have ranged from $4.27 to $9.71 over the past 52 weeks.
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Annual sales at Energy sector company grew by 11.71% over the past five years. Company’s average yearly earnings per share was noted -450.00% at the time writing. With a float of $165.04 million, this company’s outstanding shares have now reached $257.60 million.
Let’s look at the performance matrix of the company that is accounted for 237 employees. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of NextDecade Corporation is 36.74%, while institutional ownership is 43.68%. 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 -450.00% per share during the next fiscal year.
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 0.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.69, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach -2.41 in one year’s time.
Technical Analysis of NextDecade Corporation (NEXT)
NextDecade Corporation (NASDAQ: NEXT) saw its 5-day average volume 2.44 million, a positive change from its year-to-date volume of 2.0 million. As of the previous 9 days, the stock’s Stochastic %D was 74.33%.
During the past 100 days, NextDecade Corporation’s (NEXT) raw stochastic average was set at 87.05%, which indicates a significant increase from 77.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.50% in the past 14 days, which was lower than the 79.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.06, while its 200-day Moving Average is $7.29. Nevertheless, the first resistance level for the watch stands at $9.29 in the near term. At $9.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.62. If the price goes on to break the first support level at $8.96, it is likely to go to the next support level at $8.81. The third support level lies at $8.64 if the price breaches the second support level.
NextDecade Corporation (NASDAQ: NEXT) Key Stats
There are currently 260,874K shares outstanding in the company with a market cap of 2.38 billion. Presently, the company’s annual sales total 0 K according to its annual income of -61,750 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -88,800 K.
