Insider Selling: NXT Energy Solutions Inc. (TSE:SFD) Insider Sells 50,000 Shares of Stock

NXT Energy Solutions Inc. (TSE:SFD) insider Chee Pheng Cheng sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of C$0.27, for a total value of C$13,500.00.

Chee Pheng Cheng also recently made the following trade(s):

• On Tuesday, March 18th, Chee Pheng Cheng sold 7,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.30, for a total value of C$2,100.00.
• On Monday, March 3rd, Chee Pheng Cheng sold 30,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.27, for a total transaction of C$8,049.00.
• On Thursday, February 20th, Chee Pheng Cheng sold 16,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.20, for a total transaction of C$3,200.00.
• On Monday, January 27th, Chee Pheng Cheng sold 60,500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.38, for a total transaction of C$23,274.35.
• On Wednesday, January 22nd, Chee Pheng Cheng sold 25,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.24, for a total transaction of C$5,975.00.
• On Friday, January 17th, Chee Pheng Cheng sold 31,500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.23, for a total value of C$7,153.65.
• On Wednesday, January 15th, Chee Pheng Cheng sold 11,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.22, for a total value of C$2,369.40.
• On Monday, January 13th, Chee Pheng Cheng sold 20,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.15, for a total value of C$3,000.00.

NXT Energy Solutions Stock Performance

Shares of SFD stock opened at C$0.27 on Thursday. The firm has a market capitalization of C$21.38 million, a price-to-earnings ratio of -3.16 and a beta of 1.48. The stock has a fifty day moving average of C$0.24 and a 200 day moving average of C$0.21. NXT Energy Solutions Inc. has a 52 week low of C$0.09 and a 52 week high of C$0.59. The company has a quick ratio of 0.35, a current ratio of 0.28 and a debt-to-equity ratio of 438.95.

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.