NXT Energy Solutions (TSE:SFD) Insider Chee Pheng Cheng Sells 30,000 Shares of Stock

NXT Energy Solutions Inc. (TSE:SFDGet Free Report) insider Chee Pheng Cheng sold 30,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of C$0.47, for a total transaction of C$14,100.00. Following the sale, the insider owned 10,519,506 shares of the company’s stock, valued at C$4,944,167.82. This trade represents a 0.28% decrease in their position.

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 Friday, May 15th, Chee Pheng Cheng sold 92,500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.48, for a total transaction of C$44,400.00.
  • On Tuesday, May 12th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The shares were 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 shares were sold at an average price of C$0.40, for a total value of C$1,400.00.

NXT Energy Solutions Price Performance

Shares of TSE SFD opened at C$0.48 on Wednesday. The company has a current ratio of 2.34, a quick ratio of 0.35 and a debt-to-equity ratio of 15.21. The stock has a fifty day simple moving average of C$0.38 and a two-hundred day simple moving average of C$0.35. NXT Energy Solutions Inc. has a 1-year low of C$0.27 and a 1-year high of C$0.93. 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 Company Profile

(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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