NXT Energy Solutions (TSE:SFD) Stock Price Crosses Above Fifty Day Moving Average of $0.18

NXT Energy Solutions Inc. (TSE:SFDGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.18 and traded as high as C$0.20. NXT Energy Solutions shares last traded at C$0.20, with a volume of 4,500 shares trading hands.

NXT Energy Solutions Price Performance

The company has a debt-to-equity ratio of 39.29, a quick ratio of 0.35 and a current ratio of 0.12. The firm has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$0.19. The firm has a market capitalization of C$15.59 million, a price-to-earnings ratio of -2.22 and a beta of 1.33.

About NXT Energy Solutions

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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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