NXT Energy Solutions Inc. (TSE:SFD – Get Free Report) insider Chee Pheng Cheng sold 92,500 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of C$0.48, for a total transaction of C$44,400.00. Following the sale, the insider directly owned 10,549,506 shares of the company’s stock, valued at approximately C$5,063,762.88. This trade represents a 0.87% decrease in their ownership of the stock.
Chee Pheng Cheng also recently made the following trade(s):
- On Wednesday, May 13th, Chee Pheng Cheng sold 24,725 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.41, for a total transaction of C$10,137.25.
- On Tuesday, May 12th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.40, for a total transaction of C$4,000.00.
- On Thursday, April 16th, Chee Pheng Cheng sold 5,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.40, for a total transaction of C$2,200.00.
- On Thursday, April 2nd, Chee Pheng Cheng sold 5,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.36, for a total transaction of C$1,800.00.
- On Monday, March 30th, Chee Pheng Cheng sold 3,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.40, for a total transaction of C$1,400.00.
NXT Energy Solutions Price Performance
SFD opened at C$0.48 on Friday. The firm has a market cap of C$56.76 million, a price-to-earnings ratio of -23.75 and a beta of -0.12. NXT Energy Solutions Inc. has a fifty-two week low of C$0.27 and a fifty-two week high of C$0.93. The company’s 50-day moving average price is C$0.38 and its 200 day moving average price is C$0.35. The company has a quick ratio of 0.35, a current ratio of 2.34 and a debt-to-equity ratio of 15.21.
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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