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

NXT Energy Solutions (OTCMKTS:NSFDF) issued its earnings results on Wednesday. The energy company reported ($0.01) EPS for the quarter, Zacks reports. The business had revenue of $0.07 million for the quarter.

NXT Energy Solutions Trading Down 12.9%

Shares of OTCMKTS NSFDF traded down $0.04 during midday trading on Thursday, reaching $0.26. 91,699 shares of the stock were exchanged, compared to its average volume of 32,805. The stock has a market capitalization of $28.54 million, a P/E ratio of -6.53 and a beta of 1.46. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.95 and a current ratio of 1.95. The company has a 50 day simple moving average of $0.38 and a 200 day simple moving average of $0.43. NXT Energy Solutions has a twelve month low of $0.10 and a twelve month high of $0.67.

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.