NextDecade Co. (NASDAQ:NEXT - Get Free Report) was the target of unusually large options trading activity on Thursday. Investors bought 3,171 put options on the company. This represents an increase of 257% compared to the average daily volume of 888 put options.
NextDecade Stock Up 3.3 %
NEXT traded up $0.20 during trading on Thursday, hitting $6.23. The stock had a trading volume of 1,809,162 shares, compared to its average volume of 1,096,221. The stock has a 50 day simple moving average of $5.27 and a two-hundred day simple moving average of $4.90. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.57 and a current ratio of 0.57. NextDecade has a twelve month low of $4.01 and a twelve month high of $8.74. The company has a market capitalization of $1.60 billion, a PE ratio of -8.09 and a beta of 1.32.
Institutional Investors Weigh In On NextDecade
Large investors have recently bought and sold shares of the company. Mubadala Investment Co PJSC acquired a new stake in NextDecade during the fourth quarter worth $67,764,000. Lasry Marc purchased a new stake in NextDecade in the third quarter valued at $36,764,000. Morgan Stanley boosted its position in shares of NextDecade by 164.0% in the 3rd quarter. Morgan Stanley now owns 5,151,414 shares of the company's stock valued at $26,375,000 after purchasing an additional 3,200,026 shares during the period. Vanguard Group Inc. boosted its holdings in shares of NextDecade by 58.6% in the third quarter. Vanguard Group Inc. now owns 6,652,380 shares of the company's stock valued at $34,060,000 after acquiring an additional 2,459,173 shares during the period. Finally, Teilinger Capital Ltd. grew its position in NextDecade by 118.8% during the 4th quarter. Teilinger Capital Ltd. now owns 3,500,000 shares of the company's stock worth $16,695,000 after purchasing an additional 1,900,000 shares during the last quarter. Hedge funds and other institutional investors own 66.74% of the company's stock.
About NextDecade
(
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NextDecade Corp. is a development company.
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