NXT Energy Solutions (OTCMKTS:NSFDF) Stock Price Passes Above 200-Day Moving Average of $0.14

NXT Energy Solutions Inc. (OTCMKTS:NSFDF) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.14 and traded as high as $0.15. NXT Energy Solutions shares last traded at $0.15, with a volume of 2,500 shares traded.

NXT Energy Solutions Stock Down 2.0 %

The company has a market cap of $12.01 million, a price-to-earnings ratio of -2.20 and a beta of 1.35. The company has a current ratio of 0.55, a quick ratio of 0.12 and a debt-to-equity ratio of 0.21. The firm’s fifty day moving average price is $0.13 and its 200-day moving average price is $0.14.

NXT Energy Solutions (OTCMKTS:NSFDF) last announced its earnings results on Wednesday, March 27th. The energy company reported ($0.01) earnings per share for the quarter. The company had revenue of $1.58 million for the quarter.

About NXT Energy Solutions

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.