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NXT Energy Solutions (OTCMKTS:NSFDF) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

NXT Energy Solutions logo with Energy background

Shares of NXT Energy Solutions Inc. (OTCMKTS:NSFDF - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.36 and traded as high as $0.54. NXT Energy Solutions shares last traded at $0.54, with a volume of 3,162 shares traded.

NXT Energy Solutions Stock Down 18.4%

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.95 and a quick ratio of 1.95. The company has a market capitalization of $47.84 million, a price-to-earnings ratio of -10.98 and a beta of 1.54. The firm has a 50-day moving average price of $0.56 and a two-hundred day moving average price of $0.37.

NXT Energy Solutions (OTCMKTS:NSFDF - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The energy company reported ($0.06) earnings per share for the quarter. The firm had revenue of $1.20 million during the quarter.

About NXT Energy Solutions

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NXT Energy Solutions Inc, a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used onshore and offshore to remotely identify traps and reservoirs with hydrocarbon and geothermal exploration potential.

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