NXT Energy Solutions (OTCMKTS:NSFDF) Shares Cross Above 200 Day Moving Average – Should You Sell?

Shares of NXT Energy Solutions Inc. (OTCMKTS:NSFDF) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.15 and traded as high as $0.19. NXT Energy Solutions shares last traded at $0.16, with a volume of 7,900 shares trading hands.

NXT Energy Solutions Price Performance

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 firm has a market cap of $12.87 million, a P/E ratio of -2.73 and a beta of 1.50. The stock’s 50-day simple moving average is $0.13 and its two-hundred day simple moving average is $0.15.

NXT Energy Solutions (OTCMKTS:NSFDF) last posted its quarterly earnings data on Thursday, November 7th. The energy company reported ($0.01) earnings per share for the quarter.

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.