NextDecade Corporation (NASDAQ:NEXT) currently has a daily average trading volume of 1.87M but it saw 1988831 shares traded in last market. With a market cap of 1.94B USD, the company’s current market price of $7.43 came rising about 2.48 while comparing to the previous closing price of $7.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.71 and as low as $4.27.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on June 06, 2024, recommending a price target of between $7 and $9 for it. Wolfe Research upgraded its recommendation for the stock as a “Outperform” from “Peer Perform” on August 16, 2023 while assigning a price target of $8. Stifel issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $7.50 and $9.
Over the week, NEXT’s stock price is moving -3.51% down while it is 0.81% when we observe its performance for the past one month. Year-to-date it is -3.63% down and over the past year, the stock is showing a downside performance of -7.24%.
Currently, NextDecade Corporation’s total number of outstanding shares is 257.60M with 42.13% of that held by the insiders while 49.49% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.58% and return on equity (ROE) at -43.50%. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 6.33. Its return on asset (ROA) is -3.23% on average.
