Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, NextDecade Corporation (NASDAQ: NEXT) closed at $7.38 down -4.90% from its previous closing price of $7.76. In other words, the price has decreased by -$4.90 from its previous closing price. On the day, 1.66 million shares were traded. NEXT stock price reached its highest trading level at $7.7549 during the session, while it also had its lowest trading level at $7.36.
Ratios:
For a deeper understanding of NextDecade Corporation’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 15.52 whereas as Long-Term Debt/Eq ratio is at 15.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on June 06, 2024, Reiterated its Buy rating but revised its target price to $9 from $7 previously.
On August 16, 2023, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $8.
Stifel Upgraded its Hold to Buy on August 15, 2023, whereas the target price for the stock was revised from $7.50 to $9.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 29 ’24 when HGC Next Inv LLC bought 11,690,909 shares for $7.50 per share. The transaction valued at 87,681,818 led to the insider holds 17,536,369 shares of the business.
York Capital Management Global sold 35,072,737 shares of NEXT for $263,045,528 on Jul 25 ’24. The Director now owns 4,264,298 shares after completing the transaction at $7.50 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEXT now has a Market Capitalization of 1925250176 and an Enterprise Value of 7911209472.
Stock Price History:
The Beta on a monthly basis for NEXT is 1.07, which has changed by -0.044041455 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, NEXT has reached a high of $9.71, while it has fallen to a 52-week low of $4.27. The 50-Day Moving Average of the stock is -3.23%, while the 200-Day Moving Average is calculated to be 8.74%.
Shares Statistics:
For the past three months, NEXT has traded an average of 1.84M shares per day and 1599710 over the past ten days. A total of 257.60M shares are outstanding, with a floating share count of 165.04M. Insiders hold about 36.74% of the company’s shares, while institutions hold 43.61% stake in the company. Shares short for NEXT as of 1745971200 were 11462836 with a Short Ratio of 6.23, compared to 1743379200 on 10072281. Therefore, it implies a Short% of Shares Outstanding of 11462836 and a Short% of Float of 7.510000499999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
