(NXG) NXG NextGen Infrastructure - Ratings and Ratios

NXG NextGen Infrastructure Income Fund is a closed-end equity mutual fund managed by Cushing MLP Asset Management, LP. The fund focuses on investing in companies across the energy supply chain, including upstream, midstream, and downstream energy sectors. It also targets oil and gas services, logistics, energy-intensive chemicals, metals, industrials, and engineering and construction companies. Established in 2012 and based in the United States, the fund provides exposure to a diversified portfolio of energy-related assets. Its investment strategy is designed to capitalize on the evolving energy landscape while generating income for shareholders.

From a technical perspective, NXG is currently trading at $47.07, below its 20-day SMA of $48.13 but above its 50-day SMA of $46.97. The 200-day SMA stands at $41.36, indicating a recent upward trend. Average 20-day volume is 33,149 shares, with an ATR of 1.50, suggesting moderate volatility. On the fundamental side, the fund has a market cap of $165.08M, a P/E ratio of 2.65, and a P/B ratio of 0.95, indicating undervaluation relative to book value. The RoE of -2.66% reflects recent profitability challenges.