NextDecade (NASDAQ:NEXT) Shares Up 7.2%

NextDecade Co. (NASDAQ:NEXTGet Free Report)’s share price traded up 7.2% on Thursday . The company traded as high as $5.79 and last traded at $5.78. 565,736 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 1,099,550 shares. The stock had previously closed at $5.39.

NextDecade Stock Performance

The business’s fifty day moving average price is $5.09 and its two-hundred day moving average price is $4.89. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.57 and a current ratio of 0.57. The stock has a market capitalization of $1.46 billion, a P/E ratio of -7.49 and a beta of 1.32.

Institutional Trading of NextDecade

A number of large investors have recently made changes to their positions in the business. American International Group Inc. increased its holdings in shares of NextDecade by 11.8% in the 4th quarter. American International Group Inc. now owns 17,114 shares of the company’s stock worth $85,000 after buying an additional 1,800 shares during the last quarter. Rhumbline Advisers grew its holdings in NextDecade by 4.5% during the 1st quarter. Rhumbline Advisers now owns 52,161 shares of the company’s stock valued at $259,000 after purchasing an additional 2,252 shares during the last quarter. AQR Capital Management LLC grew its holdings in NextDecade by 3.5% during the 4th quarter. AQR Capital Management LLC now owns 69,109 shares of the company’s stock valued at $341,000 after purchasing an additional 2,369 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in NextDecade by 2.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 105,286 shares of the company’s stock valued at $539,000 after purchasing an additional 2,567 shares during the last quarter. Finally, BNP Paribas Arbitrage SNC grew its holdings in NextDecade by 39.8% during the 3rd quarter. BNP Paribas Arbitrage SNC now owns 10,811 shares of the company’s stock valued at $65,000 after purchasing an additional 3,079 shares during the last quarter. 66.74% of the stock is currently owned by institutional investors.

About NextDecade

(Get Free Report)

NextDecade Corp. is a development company.

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