NXT Energy Solutions (OTCMKTS:NSFDF) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

NXT Energy Solutions Inc. (OTCMKTS:NSFDF) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.15 and traded as high as $0.21. NXT Energy Solutions shares last traded at $0.21, with a volume of 13,147 shares traded.

NXT Energy Solutions Stock Performance

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 business’s 50 day simple moving average is $0.18 and its 200 day simple moving average is $0.15. The company has a market cap of $15.72 million, a P/E ratio of -3.30 and a beta of 1.30.

NXT Energy Solutions (OTCMKTS:NSFDF) last posted its quarterly earnings data on Thursday, March 27th. The energy company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $0.03 million during 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.