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) passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 Price Performance

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 firm has a market capitalization of $14.65 million, a PE ratio of -3.08 and a beta of 1.47. The company has a 50-day moving average price of $0.17 and a 200-day moving average price of $0.15.

NXT Energy Solutions Company Profile

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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

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