Shares of NXT Energy Solutions Inc. (TSE:SFD - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$0.73 and last traded at C$0.73, with a volume of 7000 shares traded. The stock had previously closed at C$0.71.
NXT Energy Solutions Stock Performance
The company has a quick ratio of 0.35, a current ratio of 0.28 and a debt-to-equity ratio of 438.95. The company has a 50-day simple moving average of C$0.57 and a two-hundred day simple moving average of C$0.35. The firm has a market cap of C$57.80 million, a PE ratio of -8.53 and a beta of 1.48.
Insider Activity at NXT Energy Solutions
In other news, Director Jeffrey Tilson purchased 335,000 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were purchased at an average price of C$0.55 per share, with a total value of C$182,910.00. Over the last 90 days, insiders acquired 522,000 shares of company stock worth $240,205 and sold 205,000 shares worth $99,835. 39.71% of the stock is owned by corporate insiders.
About NXT Energy Solutions
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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.
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