NXT Energy Solutions (OTCMKTS:NSFDF) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

NXT Energy Solutions Inc. (OTCMKTS:NSFDFGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.15 and traded as high as $0.20. NXT Energy Solutions shares last traded at $0.19, with a volume of 11,550 shares traded.

NXT Energy Solutions Stock Down 10.8 %

The company has a debt-to-equity ratio of 3.30, a current ratio of 0.28 and a quick ratio of 0.28. The stock’s fifty day simple moving average is $0.17 and its 200-day simple moving average is $0.15. The stock has a market cap of $13.06 million, a P/E ratio of -2.75 and a beta of 1.47.

NXT Energy Solutions (OTCMKTS:NSFDFGet Free Report) last announced its quarterly earnings results on Thursday, March 27th. The energy company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $0.03 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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