NextDecade Co. (NASDAQ:NEXT - Get Free Report) traded up 3.6% during mid-day trading on Friday . The stock traded as high as $8.00 and last traded at $7.95. 231,778 shares changed hands during trading, a decline of 87% from the average session volume of 1,845,652 shares. The stock had previously closed at $7.67.
NextDecade Trading Up 7.3%
The business's 50-day moving average is $7.48 and its two-hundred day moving average is $7.62. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.17. The stock has a market capitalization of $2.15 billion, a PE ratio of -7.35 and a beta of 1.05.
NextDecade (NASDAQ:NEXT - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share for the quarter, missing analysts' consensus estimates of ($0.19) by ($1.67). On average, analysts predict that NextDecade Co. will post -0.61 earnings per share for the current year.
Institutional Trading of NextDecade
Institutional investors have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its position in NextDecade by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,101,775 shares of the company's stock worth $8,495,000 after purchasing an additional 36,959 shares during the period. Catalyst Capital Advisors LLC boosted its position in NextDecade by 3.4% during the 4th quarter. Catalyst Capital Advisors LLC now owns 3,750,486 shares of the company's stock worth $28,916,000 after purchasing an additional 123,070 shares during the period. Proficio Capital Partners LLC purchased a new stake in NextDecade during the 4th quarter worth $537,000. Wolf Hill Capital Management LP boosted its position in NextDecade by 330.1% during the 4th quarter. Wolf Hill Capital Management LP now owns 8,142,024 shares of the company's stock worth $62,775,000 after purchasing an additional 6,248,757 shares during the period. Finally, Barclays PLC boosted its position in NextDecade by 38.8% during the 4th quarter. Barclays PLC now owns 533,995 shares of the company's stock worth $4,117,000 after purchasing an additional 149,159 shares during the period. 66.74% of the stock is owned by hedge funds and other institutional investors.
About NextDecade
(
Get Free Report)
NextDecade Corp. is a development company.
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