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 firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of C$0.23, for a total value 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 shares were 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 value of C$2,400.00.
• On Monday, August 26th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.21, for a total value 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 value of C$14,000.00.

NXT Energy Solutions Stock Up 38.9 %

TSE:SFD traded up C$0.07 during mid-day trading on Wednesday, reaching C$0.25. The stock had a trading volume of 101,500 shares, compared to its average volume of 29,237. The company has a market capitalization of C$19.59 million, a price-to-earnings ratio of -2.78 and a beta of 1.48. NXT Energy Solutions Inc. has a 1-year low of C$0.09 and a 1-year high of C$0.38. The stock’s 50 day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.20. The company has a debt-to-equity ratio of 295.85, a current ratio of 0.68 and a quick ratio of 0.35.

NXT Energy Solutions (TSE:SFD) last issued its earnings results on Wednesday, August 14th. The company reported C($0.04) EPS 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.