NXT Energy Solutions Inc. (
TSE:SFD -
Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.66 and traded as high as C$0.86. NXT Energy Solutions shares last traded at C$0.83, with a volume of 46,792 shares traded.
NXT Energy Solutions Stock Down 4.6%
The company has a debt-to-equity ratio of 438.95, a quick ratio of 0.35 and a current ratio of 0.28. The company has a market cap of C$65.71 million, a price-to-earnings ratio of -9.70 and a beta of 1.48. The stock's fifty day moving average is C$0.66 and its two-hundred day moving average is C$0.42.
Insider Buying and Selling
In other news, Director Jeffrey Tilson acquired 335,000 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was purchased at an average price of C$0.55 per share, for a total transaction of C$182,910.00. In the last ninety days, insiders have bought 522,000 shares of company stock valued at $240,205 and have sold 185,500 shares valued at $105,785. Company insiders own 39.71% of the company's stock.
About NXT Energy Solutions
(
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.
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