NXT Energy Solutions Inc. (TSE:SFD - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as C$0.70 and last traded at C$0.70, with a volume of 5705 shares traded. The stock had previously closed at C$0.66.
NXT Energy Solutions Stock Up 6.1%
The company has a current ratio of 0.28, a quick ratio of 0.35 and a debt-to-equity ratio of 438.95. The firm has a market capitalization of C$55.42 million, a P/E ratio of -8.18 and a beta of 1.48. The company's fifty day simple moving average is C$0.52 and its 200 day simple moving average is C$0.33.
Insider Buying and Selling
In other NXT Energy Solutions news, Director Jeffrey Tilson bought 335,000 shares of NXT Energy Solutions stock in a transaction dated Thursday, May 15th. The shares were purchased at an average cost of C$0.55 per share, with a total value of C$182,910.00. In the last three months, insiders have acquired 522,000 shares of company stock valued at $240,205 and have sold 219,000 shares valued at $94,813. Company insiders own 39.71% of the company's stock.
About NXT Energy Solutions
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Get Free Report)
NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential.
See Also
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