NXT Energy Solutions (OTCMKTS:NSFDF) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

NXT Energy Solutions Inc. (OTCMKTS:NSFDFGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . 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 $0.20, with a volume of 170 shares traded.

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 stock has a 50 day simple moving average of $0.16 and a two-hundred day simple moving average of $0.15. The company has a market cap of $14.65 million, a price-to-earnings ratio of -3.08 and a beta of 1.47.

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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