Could NextDecade Corporation (NEXT) See a Reversal After Breaking All Highs?

March 14, 2018 - By Winifred Garcia

The stock of NextDecade Corporation (NASDAQ:NEXT) reached all time low today, Mar, 14 and still has $4.21 target or 3.00 % below today’s $4.34 share price. This indicates more downside for the $470.97M company. This technical setup was reported by If the $4.21 PT is reached, the company will be worth $14.13 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 3.77% or $0.17 during the last trading session, reaching $4.34. About 83,452 shares traded or 53.26% up from the average. NextDecade Corporation (NASDAQ:NEXT) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

More news for NextDecade Corporation (NASDAQ:NEXT) were recently published by:, which released: “NextDecade Corp.” on July 19, 2017.‘s article titled: “Frontier Communications: Potential For No Shareholder Returns For The Next Decade” and published on March 07, 2018 is yet another important article.

NextDecade Corporation operates as a development and management firm of land and floating LNG projects. The company has market cap of $470.97 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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