NextDecade Co. (NASDAQ:NEXT – Get Rating)'s share price gapped down prior to trading on Friday . The stock had previously closed at $8.38, but opened at $8.20. NextDecade shares last traded at $8.25, with a volume of 434 shares trading hands.
Analyst Ratings Changes
Separately, Stifel Nicolaus upgraded NextDecade from a "sell" rating to a "hold" rating and lifted their price target for the company from $4.50 to $6.00 in a research note on Thursday, July 28th.
Get NextDecade alerts:NextDecade Stock Up 1.4 %
The firm has a fifty day moving average of $6.22 and a 200-day moving average of $5.64. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of -31.48 and a beta of 0.96.
Hedge Funds Weigh In On NextDecade
Hedge funds and other institutional investors have recently bought and sold shares of the company. PEAK6 Investments LLC acquired a new position in NextDecade during the fourth quarter worth $174,000. 683 Capital Management LLC acquired a new position in shares of NextDecade in the fourth quarter worth $341,000. Cushing Asset Management LP acquired a new position in shares of NextDecade in the fourth quarter worth $807,000. Schwarz Dygos Wheeler Investment Advisors LLC acquired a new position in shares of NextDecade in the first quarter worth $199,000. Finally, Salient Capital Advisors LLC acquired a new position in shares of NextDecade in the first quarter worth $128,000. 63.95% of the stock is owned by institutional investors and hedge funds.About NextDecade
(Get Rating)
NextDecade Corp. is a development company.
Featured Stories
- Get a free copy of the StockNews.com research report on NextDecade (NEXT)
- Why This Dip in Advanced Auto Parts May be an Opportunity
- MarketBeat: Week in Review 8/22 – 8/26
- Institutional Buying Put A Bottom In Marvell Technology
- Dell Stock Retreats On Weaker Sales, Falls Into Value Terrirtory
- 3 Reasons Dollar General's Rally Has Legs
Receive News & Ratings for NextDecade Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextDecade and related companies with MarketBeat.com's FREE daily email newsletter.