A Reversal for NextDecade Corporation (NEXT) Is Not Near. The Stock Rises Again

March 16, 2018 - By Clifton Ray

The stock of NextDecade Corporation (NASDAQ:NEXT) is a huge mover today! The stock increased 21.43% or $0.87 during the last trading session, reaching $4.93. About 94,992 shares traded or 74.42% up from the average. NextDecade Corporation (NASDAQ:NEXT) has 0.00% since March 16, 2017 and is . It has underperformed by 16.70% the S&P500.
The move comes after 7 months positive chart setup for the $535.00 million company. It was reported on Mar, 16 by Barchart.com. We have $5.28 PT which if reached, will make NASDAQ:NEXT worth $37.45 million more.

NextDecade Corporation operates as a development and management firm of land and floating LNG projects. The company has market cap of $535.00 million. The companyÂ’s focus is on a land project on the United States Gulf Coast called Rio Grande LNG in Brownsville, Texas. It currently has negative earnings. It provides various services to its customers, including supply and trade of LNG volumes; creation of new natural gas infrastructure, including pipeline and natural gas liquefaction facilities; and treatment and processing of natural gas into LNG, as well as technical engineering and design services related to the development and execution of natural gas infrastructure, transporting, shipping, and storage of LNG.

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