NextDecade Corporation (NEXT) concluded trading on Wednesday at a closing price of $6.86, with 6.1 million shares of worth about $41.82 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.41% during that period and on November 06, 2024 the price saw a gain of about 15.29%. Currently the company’s common shares owned by public are about 254.30M shares, out of which, 164.03M shares are available for trading.
Stock saw a price change of 17.26% in past 5 days and over the past one month there was a price change of 33.72%. Year-to-date (YTD), NEXT shares are showing a performance of 43.82% which increased to 62.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.01 but also hit the highest price of $8.52 during that period. The average intraday trading volume for NextDecade Corporation shares is 1.86 million. The stock is currently trading 20.65% above its 20-day simple moving average (SMA20), while that difference is up 33.29% for SMA50 and it goes to 13.80% higher than SMA200.
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NextDecade Corporation (NASDAQ: NEXT) currently have 254.30M outstanding shares and institutions hold larger chunk of about 44.18% of that.
The stock has a current market capitalization of $1.78B and its 3Y-monthly beta is at 1.26. It has posted earnings per share of -$0.05 in the same period. It has Quick Ratio of 0.45 while making debt-to-equity ratio of 4.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NEXT, volatility over the week remained 7.63% while standing at 5.62% over the month.
Stock’s fiscal year EPS is expected to rise by 67.62% while it is estimated to decrease by -233.81% in next year. EPS is likely to grow at an annualized rate of 0.60% for next 5-years, compared to annual growth of -18.13% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on June 06, 2024 offering a Buy rating for the stock and assigned a target price range of between $7 and $9 to it. Coverage by Wolfe Research stated NextDecade Corporation (NEXT) stock as an Outperform in their note to investors on August 16, 2023, suggesting a price target of $8 for the stock. On August 15, 2023, Stifel Upgrade their recommendations, while on July 28, 2022, Stifel Upgrade their ratings for the stock with a price target of $6. Stock get a Sell rating from Stifel on April 26, 2022.
