NXT Energy Solutions (OTCMKTS:NSFDF) Issues Quarterly Earnings Results

NXT Energy Solutions (OTCMKTS:NSFDF) posted its earnings results on Thursday. The energy company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $0.03 million during the quarter.

NXT Energy Solutions Stock Down 10.8 %

NXT Energy Solutions stock opened at $0.17 on Friday. The company has a 50 day moving average of $0.17 and a 200-day moving average of $0.15. NXT Energy Solutions has a twelve month low of $0.04 and a twelve month high of $0.40. The stock has a market capitalization of $13.06 million, a PE ratio of -2.75 and a beta of 1.47. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 3.30.

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.