NXT Energy Solutions (OTCMKTS:NSFDF) Stock Passes Above Two Hundred Day Moving Average of $0.13

NXT Energy Solutions Inc. (OTCMKTS:NSFDF)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.13 and traded as high as $0.26. NXT Energy Solutions shares last traded at $0.18, with a volume of 19,090 shares changing hands.

NXT Energy Solutions Price Performance

The company has a market capitalization of $14.41 million, a P/E ratio of -3.07 and a beta of 1.51. The firm’s fifty day moving average is $0.12 and its 200 day moving average is $0.13. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.36 and a current ratio of 0.36.

NXT Energy Solutions (OTCMKTS:NSFDF) last issued its quarterly earnings results on Tuesday, May 14th. The energy company reported ($0.01) EPS for the quarter. The company had revenue of $0.45 million for the quarter.

NXT Energy Solutions Company Profile

NXT Energy Solutions Inc, a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used onshore and offshore to remotely identify traps and reservoirs with hydrocarbon and geothermal exploration potential.