Jeffrey Tilson Purchases 335,000 Shares of NXT Energy Solutions Inc. (TSE:SFD) Stock

NXT Energy Solutions Inc. (TSE:SFD) Director Jeffrey Tilson acquired 335,000 shares of the company’s stock in a transaction on Thursday, May 15th. The stock was bought at an average cost of C$0.55 per share, with a total value of C$182,910.00.

Jeffrey Tilson also recently made the following trade(s):

• On Tuesday, May 13th, Jeffrey Tilson bought 162,000 shares of NXT Energy Solutions stock. The shares were bought at an average cost of C$0.26 per share, for a total transaction of C$41,310.00.
• On Tuesday, March 4th, Jeffrey Tilson purchased 100,000 shares of NXT Energy Solutions stock. The stock was bought at an average cost of C$0.31 per share, with a total value of C$30,885.00.

NXT Energy Solutions Trading Up 16.7%

Shares of NXT Energy Solutions stock opened at C$0.63 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.28 and a debt-to-equity ratio of 438.95. NXT Energy Solutions Inc. has a 12-month low of C$0.09 and a 12-month high of C$0.63. The company has a market capitalization of C$49.88 million, a price-to-earnings ratio of -7.36 and a beta of 1.48. The firm’s 50-day moving average price is C$0.28 and its two-hundred day moving average price is C$0.23.

About NXT Energy Solutions

NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential.