Insider Buying: NXT Energy Solutions Inc. (TSE:SFD) Director Purchases 100,000 Shares of Stock

NXT Energy Solutions Inc. (TSE:SFD) Director Jeffrey Tilson acquired 100,000 shares of the firm’s stock in a transaction on Tuesday, March 4th. The shares were acquired at an average price of C$0.31 per share, with a total value of C$30,885.00.

Jeffrey Tilson also recently made the following trade(s):

• On Monday, January 27th, Jeffrey Tilson bought 393,900 shares of NXT Energy Solutions stock. The stock was bought at an average price of C$0.34 per share, with a total value of C$133,926.00.
• On Wednesday, January 22nd, Jeffrey Tilson acquired 34,700 shares of NXT Energy Solutions stock. The shares were purchased at an average price of C$0.16 per share, with a total value of C$5,552.00.
• On Tuesday, December 24th, Jeffrey Tilson bought 24,354 shares of NXT Energy Solutions stock. The stock was purchased at an average cost of C$0.12 per share, for a total transaction of C$2,878.64.

NXT Energy Solutions Stock Up 26.9 %

Shares of NXT Energy Solutions stock traded up C$0.07 during trading on Tuesday, hitting C$0.33. 77,000 shares of the stock traded hands, compared to its average volume of 32,532. The company has a fifty day moving average price of C$0.20 and a two-hundred day moving average price of C$0.20. NXT Energy Solutions Inc. has a twelve month low of C$0.09 and a twelve month high of C$0.59. The stock has a market cap of C$26.13 million, a P/E ratio of -3.86 and a beta of 1.48. The company has a debt-to-equity ratio of 438.95, a quick ratio of 0.35 and a current ratio of 0.28.

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.