Nxg Nextgen Infrastructure Stock Today
| NXG Stock | USD 43.97 0.40 0.90% |
Performance8 of 100
| Odds Of DistressLess than 45
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NXG NextGen is trading at 43.97 as of the 3rd of October 2024. This is a 0.9 percent decrease since the beginning of the trading day. The stock's lowest day price was 43.75. NXG NextGen has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for NXG NextGen Infrastructure are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 3rd of October 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 1st of November 2022 | Classification Financials |
NXG NextGen is entity of United States. It is traded as Stock on NYSE exchange. The company has 2.66 M outstanding shares of which 16.23 K shares are now shorted by investors with about 0.61 days to cover. More on NXG NextGen Infrastructure
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NXG Stock Highlights
| CEO Chairman | Jerry Swank | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | NEX Group plc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, WSE WIG INDEX, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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NXG NextGen can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NXG NextGen's financial leverage. It provides some insight into what part of NXG NextGen's total assets is financed by creditors.
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NXG NextGen Infrastructure (NXG) is traded on New York Stock Exchange in USA. It is located in 600 North Pearl Street, Dallas, TX, United States, 75201 and employs 2 people. NXG NextGen is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 114.19 M. NXG NextGen Infrastr runs under Capital Markets sector within Financials industry. The entity has 2.66 M outstanding shares of which 16.23 K shares are now shorted by investors with about 0.61 days to cover.
NXG NextGen generates positive cash flow from operations, but has no cash available
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Ownership AllocationThe market capitalization of NXG NextGen Infrastructure is $114.19 Million. 30% of NXG NextGen outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Therefore, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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NXG NextGen Historical Income Statement
NXG Stock Against Markets
Additional Information and Resources on Investing in NXG Stock
When determining whether NXG NextGen Infrastr is a strong investment it is important to analyze NXG NextGen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NXG NextGen's future performance. For an informed investment choice regarding NXG Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXG NextGen Infrastructure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NXG NextGen. If investors know NXG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NXG NextGen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.12 |
The market value of NXG NextGen Infrastr is measured differently than its book value, which is the value of NXG that is recorded on the company's balance sheet. Investors also form their own opinion of NXG NextGen's value that differs from its market value or its book value, called intrinsic value, which is NXG NextGen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NXG NextGen's market value can be influenced by many factors that don't directly affect NXG NextGen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NXG NextGen's value and its price as these two are different measures arrived at by different means. Investors typically determine if NXG NextGen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NXG NextGen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.