NextDecade Corporation’s stock has had a calm market performance. The 1-year high for the company’s stock was $9.47 on 01/21/25, and the lowest price during the same period was recorded at $4.27 on 09/10/24.
52-week price history of NEXT Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. NextDecade Corporation’s current trading price is -10.24% away from its 52-week high, while its distance from the 52-week low is 99.06%. The stock’s price range for this period has remained between $4.27 and $9.47. The Energy sector company’s shares managed to surpass a trading volume of around 4.51 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.76 million over the last three months.
Financial Performance and Market Capitalization
NextDecade Corporation (NEXT) has experienced a quarterly rise of 24.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.21B and boasts a workforce of 237 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.36, with a change in price of +3.06. Similarly, NextDecade Corporation recorded 1,813,211 in trading volume during the last 100 days, posting a change of +56.25%.
NEXT Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NEXT stands at 10.77. Similarly, the long-term debt-to-equity ratio is also 10.76.
NEXT Stock Stochastic Average
As of today, the raw stochastic average of NextDecade Corporation over the last 50 days is at 65.96%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 92.61%. Further, the company’s Stochastic %K and %D values for the last 20 days were 53.44% and 35.85%, respectively.
NEXT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 10.25%.However, over the last six months, we can see a weaker performance of 74.18%. Over the last 30 days, the price of NEXT has fallen by 4.68%. And in the last five days, it has surged by 25.37%.