NXT Energy Solutions (OTCMKTS:NSFDF) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

NXT Energy Solutions Inc. (OTCMKTS:NSFDFGet Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . 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 $0.19, with a volume of 11,550 shares.

NXT Energy Solutions Trading Down 2.6 %

The business has a 50 day simple moving average of $0.17 and a two-hundred day simple moving average of $0.15. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 3.30. The company has a market cap of $14.65 million, a PE ratio of -3.08 and a beta of 1.47.

About NXT Energy Solutions

(Get Free Report)

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.

Further Reading

Receive News & Ratings for NXT Energy Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXT Energy Solutions and related companies with MarketBeat.com's FREE daily email newsletter.