NXT Energy Solutions (OTCMKTS:NSFDF) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

NXT Energy Solutions Inc. (OTCMKTS:NSFDFGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . 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 $0.19, with a volume of 11,550 shares traded.

NXT Energy Solutions Price Performance

The business has a fifty day moving average of $0.17 and a 200 day moving average of $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 cap of $13.06 million, a PE ratio of -2.75 and a beta of 1.47.

NXT Energy Solutions (OTCMKTS:NSFDFGet Free Report) last announced its earnings results on Thursday, March 27th. The energy company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $0.03 million during 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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