NXT Energy Solutions (OTCMKTS:NSFDF) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

NXT Energy Solutions Inc. (OTCMKTS:NSFDFGet Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.15 and traded as high as $0.17. NXT Energy Solutions shares last traded at $0.17, with a volume of 69,300 shares trading hands.

NXT Energy Solutions Stock Down 0.6 %

The stock has a market capitalization of $12.49 million, a price-to-earnings ratio of -2.65 and a beta of 1.50. The firm has a 50-day moving average of $0.13 and a 200 day moving average of $0.15. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 3.30.

NXT Energy Solutions (OTCMKTS:NSFDFGet Free Report) last announced its earnings results on Thursday, November 7th. The energy company reported ($0.01) earnings per share for the quarter.

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.

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