NXT Energy Solutions Inc. (TSE:SFD) Insider Sells C$11,600.00 in Stock

NXT Energy Solutions Inc. (TSE:SFD) insider Chee Pheng Cheng sold 50,000 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of C$0.23, for a total transaction of C$11,600.00.

Chee Pheng Cheng also recently made the following trade(s):

• On Thursday, September 26th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.30, for a total value of C$3,000.00.
• On Tuesday, September 17th, Chee Pheng Cheng sold 8,500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.25, for a total value of C$2,125.00.
• On Friday, September 13th, Chee Pheng Cheng sold 1,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.25, for a total value of C$375.00.
• On Friday, August 30th, Chee Pheng Cheng sold 12,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.20, for a total transaction of C$2,400.00.
• On Monday, August 26th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.21, for a total transaction of C$2,100.00.
• On Wednesday, August 14th, Chee Pheng Cheng sold 70,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.20, for a total transaction of C$14,000.00.

NXT Energy Solutions Stock Down 20.0 %

SFD opened at C$0.20 on Thursday. NXT Energy Solutions Inc. has a 12 month low of C$0.09 and a 12 month high of C$0.38. The company has a current ratio of 0.68, a quick ratio of 0.35 and a debt-to-equity ratio of 295.85. The business’s 50-day moving average price is C$0.22 and its 200-day moving average price is C$0.20. The company has a market cap of C$15.67 million, a P/E ratio of -2.22 and a beta of 1.48.

NXT Energy Solutions (TSE:SFD) last announced its quarterly earnings data on Wednesday, August 14th. The company reported C($0.04) earnings per share for the quarter. NXT Energy Solutions had a negative net margin of 252.18% and a negative return on equity of 59.24%.

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.