For the readers interested in the stock health of NextDecade Corporation (NEXT). It is currently valued at $5.08. When the transactions were called off in the previous session, Stock hit the highs of $5.72, after setting-off with the price of $5.65. Company’s stock value dipped to $4.8404 during the trading on the day. When the trading was stopped its value was $5.55.Recently in News on January 19, 2023, NextDecade and Itochu Corporation Execute 1.0 MTPA LNG Sale and Purchase Agreement. NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today the execution of a 15-year sale and purchase agreement (SPA) with Itochu Corporation (Itochu) for the supply of liquefied natural gas (LNG) from NextDecade’s Rio Grande LNG (RGLNG) export project in Brownsville, Texas. You can read further details here
NextDecade Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $8.95 on 08/18/22, with the lowest value was $3.06 for the same time period, recorded on 03/15/22.
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NextDecade Corporation (NEXT) full year performance was 31.61%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, NextDecade Corporation shares are logging -43.23% during the 52-week period from high price, and 66.01% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.06 and $8.95.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1072680 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the NextDecade Corporation (NEXT) recorded performance in the market was 2.83%, having the revenues showcasing 13.65% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 777.49M, as it employees total of 57 workers.
NextDecade Corporation (NEXT) in the eye of market guru’s
During the last month, 3 analysts gave the NextDecade Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 5.91, with a change in the price was noted -1.22. In a similar fashion, NextDecade Corporation posted a movement of -19.37% for the period of last 100 days, recording 560,579 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NEXT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
NextDecade Corporation (NEXT): Stocks Technical analysis and Trends
Raw Stochastic average of NextDecade Corporation in the period of last 50 days is set at 19.73%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.08%. In the last 20 days, the company’s Stochastic %K was 9.84% and its Stochastic %D was recorded 9.80%.
If we look into the earlier routines of NextDecade Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 2.83%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -29.93%, alongside a boost of 31.61% for the period of the last 12 months. The shares increased approximately by -22.32% in the 7-day charts and went up by -28.45% in the period of the last 30 days. Common stock shares were driven by 13.65% during last recorded quarter.