NXT Energy Solutions Inc. (TSE:SFD – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of C$0.37 and traded as low as C$0.35. NXT Energy Solutions shares last traded at C$0.35, with a volume of 10,500 shares traded.
NXT Energy Solutions Stock Performance
The firm has a market cap of C$41.85 million, a price-to-earnings ratio of -5.00 and a beta of -0.57. The company has a debt-to-equity ratio of 16.52, a quick ratio of 0.35 and a current ratio of 1.70. The business has a fifty day moving average of C$0.33 and a two-hundred day moving average of C$0.37.
NXT Energy Solutions (TSE:SFD – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported C($0.02) earnings per share 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
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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