NXT Energy Solutions (OTCMKTS:NSFDF) Shares Cross Above 200 Day Moving Average – Should You Sell?

NXT Energy Solutions Inc. (OTCMKTS:NSFDF) 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 $0.19. NXT Energy Solutions shares last traded at $0.16, with a volume of 7,900 shares.

NXT Energy Solutions Trading Down 18.0 %

The stock’s fifty day moving average price is $0.13 and its 200 day moving average price is $0.15. 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 stock has a market capitalization of $12.87 million, a P/E ratio of -2.73 and a beta of 1.50.

NXT Energy Solutions (OTCMKTS:NSFDF) last posted its quarterly earnings results on Thursday, November 7th. The energy company reported ($0.01) EPS for the quarter.

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.