NextDecade (NASDAQ:NEXT) Stock Price Up 4%

NextDecade Co. (NASDAQ:NEXT) shares shot up 4% during trading on Friday . The company traded as high as $6.21 and last traded at $6.18. 827,605 shares were traded during mid-day trading, a decline of 24% from the average session volume of 1,083,267 shares. The stock had previously closed at $5.94.

NextDecade Stock Up 2.9 %

The business’s 50-day moving average price is $5.39 and its 200 day moving average price is $4.93. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.57 and a quick ratio of 0.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of NEXT. Royal Bank of Canada grew its position in shares of NextDecade by 437.8% in the 3rd quarter. Royal Bank of Canada now owns 5,244 shares of the company’s stock valued at $31,000 after acquiring an additional 4,269 shares during the period. BNP Paribas Arbitrage SA grew its position in shares of NextDecade by 1,195.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,732 shares of the company’s stock valued at $34,000 after acquiring an additional 7,135 shares during the period. Briaud Financial Planning Inc bought a new position in shares of NextDecade in the 3rd quarter valued at about $36,000. BNP Paribas Arbitrage SNC grew its position in shares of NextDecade by 191.4% in the 1st quarter. BNP Paribas Arbitrage SNC now owns 7,771 shares of the company’s stock valued at $39,000 after acquiring an additional 5,104 shares during the period. Finally, Amalgamated Bank grew its position in shares of NextDecade by 138.1% in the 4th quarter. Amalgamated Bank now owns 11,187 shares of the company’s stock valued at $53,000 after acquiring an additional 6,489 shares during the period. Institutional investors own 66.74% of the company’s stock.

NextDecade Company Profile

NextDecade Corp. is a development company.