NextDecade Co. (NASDAQ:NEXT - Get Free Report)'s stock price was up 4% during mid-day trading on Friday . The company traded as high as $6.21 and last traded at $6.18. Approximately 827,605 shares were traded during trading, a decline of 24% from the average daily volume of 1,083,267 shares. The stock had previously closed at $5.94.
NextDecade Stock Up 2.9 %
The stock has a 50 day moving average price of $5.41 and a 200-day moving average price of $4.94. The stock has a market capitalization of $1.57 billion, a P/E ratio of -7.94 and a beta of 1.32. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.57 and a quick ratio of 0.57.
Institutional Trading of NextDecade
Several large investors have recently modified their holdings of NEXT. Mubadala Investment Co PJSC bought a new stake in shares of NextDecade in the fourth quarter worth about $67,764,000. Lasry Marc bought a new stake in shares of NextDecade in the third quarter worth about $36,764,000. Morgan Stanley grew its stake in shares of NextDecade by 164.0% in the third quarter. Morgan Stanley now owns 5,151,414 shares of the company's stock worth $26,375,000 after purchasing an additional 3,200,026 shares during the last quarter. Vanguard Group Inc. grew its stake 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 worth $34,060,000 after purchasing an additional 2,459,173 shares during the last quarter. Finally, Teilinger Capital Ltd. grew its stake in shares of NextDecade by 118.8% in the fourth 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. 66.74% of the stock is owned by institutional investors.
NextDecade Company Profile
(
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NextDecade Corp. is a development company.
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