Shares of NXT Energy Solutions Inc. (OTCMKTS:NSFDF – Get Free Report) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.27 and traded as low as $0.2517. NXT Energy Solutions shares last traded at $0.2517, with a volume of 5,413 shares trading hands.
NXT Energy Solutions Price Performance
The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.10. The business has a fifty day simple moving average of $0.25 and a 200 day simple moving average of $0.27. The stock has a market capitalization of $30.10 million, a P/E ratio of -5.03 and a beta of 1.32.
NXT Energy Solutions (OTCMKTS:NSFDF – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The energy company reported ($0.02) EPS for the quarter. NXT Energy Solutions had a negative return on equity of 62.75% and a negative net margin of 312.44%.
NXT Energy Solutions Company Profile
NXT Energy Solutions Inc is a Canadian technology and energy-services company that provides airborne geophysical surveying services to the oil and gas industry. Its principal technology, known as Stress Field Detection (SFD), is designed to identify subsurface stress anomalies that may be associated with hydrocarbon accumulations.
The company’s SFD surveys are intended to help screen large and difficult-to-access areas during the early stages of petroleum exploration. By collecting data from aircraft, NXT Energy Solutions seeks to provide exploration companies and resource owners with information that can assist in evaluating prospective basins and prioritizing targets for further geological and geophysical investigation.
Headquartered in Calgary, Alberta, NXT Energy Solutions has marketed its technology for use in international exploration programs.
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