NXT Energy Solutions (OTCMKTS:NSFDF) Releases Quarterly Earnings Results

NXT Energy Solutions (OTCMKTS:NSFDF) released its quarterly earnings data on Wednesday. The energy company reported ($0.01) earnings per share for the quarter, Zacks reports. The business had revenue of $0.07 million for the quarter.

NXT Energy Solutions Stock Performance

OTCMKTS NSFDF traded down $0.04 during trading hours on Friday, hitting $0.26. 91,699 shares of the company’s stock traded hands, compared to its average volume of 32,805. The business’s fifty day moving average price is $0.37 and its two-hundred day moving average price is $0.43. The firm has a market capitalization of $28.54 million, a P/E ratio of -6.53 and a beta of 1.46. NXT Energy Solutions has a 52 week low of $0.10 and a 52 week high of $0.67. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.12.

NXT Energy Solutions Company Profile

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.