NXT Energy Solutions (TSE:SFD) Insider Chee Pheng Cheng Sells 64,000 Shares of Stock

NXT Energy Solutions Inc. (TSE:SFDGet Free Report) insider Chee Pheng Cheng sold 64,000 shares of NXT Energy Solutions stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of C$0.31, for a total transaction of C$19,840.00. Following the sale, the insider owned 10,888,357 shares in the company, valued at approximately C$3,375,390.67. This trade represents a 0.58% decrease in their ownership of the stock.

Chee Pheng Cheng also recently made the following trade(s):

  • On Wednesday, September 2nd, Chee Pheng Cheng sold 50,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.31, for a total transaction of C$15,500.00.
  • On Wednesday, August 19th, Chee Pheng Cheng sold 12,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.35, for a total transaction of C$4,200.00.
  • On Wednesday, August 19th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.39, for a total value of C$3,900.00.
  • On Thursday, August 6th, Chee Pheng Cheng sold 20,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.34, for a total value of C$6,800.00.
  • On Thursday, August 6th, Chee Pheng Cheng sold 45,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.35, for a total value of C$15,750.00.
  • On Thursday, August 6th, Chee Pheng Cheng sold 9,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.37, for a total value of C$3,515.00.
  • On Friday, July 31st, Chee Pheng Cheng sold 2,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.40, for a total value of C$800.00.
  • On Friday, July 31st, Chee Pheng Cheng sold 30,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.36, for a total value of C$10,800.00.
  • On Wednesday, July 29th, Chee Pheng Cheng sold 500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.40, for a total value of C$200.00.
  • On Friday, July 24th, Chee Pheng Cheng sold 500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.40, for a total value of C$200.00.

NXT Energy Solutions Stock Performance

Shares of TSE:SFD opened at C$0.30 on Friday. The company has a debt-to-equity ratio of 16.52, a current ratio of 1.70 and a quick ratio of 0.35. The business’s fifty day moving average price is C$0.38 and its two-hundred day moving average price is C$0.39. NXT Energy Solutions Inc. has a fifty-two week low of C$0.27 and a fifty-two week high of C$0.72. The stock has a market capitalization of C$36.47 million, a price-to-earnings ratio of -4.36 and a beta of -0.66.

NXT Energy Solutions (TSE:SFDGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported C($0.02) earnings per share (EPS) for the quarter. NXT Energy Solutions had a negative net margin of 341.83% and a negative return on equity of 62.62%.

About NXT Energy Solutions

(Get Free Report)

NXT Energy Solutions Inc is a Calgary-based technology company whose proprietary airborne SFD® survey system, applied in numerous basins around the world, uses the principles of quantum mechanics to infer stress anomalies of exploration interest. The method can be used both onshore and offshore to remotely identify areas conducive to fluid entrapment in order to recommend areas with commercial hydrocarbon and/or geothermal potential. The SFD® survey system enables our clients to focus their exploration decisions concerning land commitments, data acquisition expenditures and prospect prioritization on areas with the greatest potential.

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Insider Buying and Selling by Quarter for NXT Energy Solutions (TSE:SFD)

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