NXT Energy Solutions (OTCMKTS:NSFDF) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

NXT Energy Solutions Inc. (OTCMKTS:NSFDF)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.15 and traded as high as $0.20. NXT Energy Solutions shares last traded at $0.20, with a volume of 170 shares.

NXT Energy Solutions Trading Down 1.3 %

The company has a debt-to-equity ratio of 3.30, a current ratio of 0.28 and a quick ratio of 0.28. The business’s 50 day moving average price is $0.16 and its 200-day moving average price is $0.15. The firm has a market capitalization of $15.64 million, a price-to-earnings ratio of -3.29 and a beta of 1.47.

About NXT Energy Solutions

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.