NXT Energy Solutions (OTCMKTS:NSFDF) Issues Earnings Results

NXT Energy Solutions (OTCMKTS:NSFDF) announced its quarterly earnings results on Thursday. The energy company reported ($0.03) earnings per share for the quarter, Zacks reports. The firm had revenue of $0.03 million during the quarter.

NXT Energy Solutions Price Performance

OTCMKTS:NSFDF traded down $0.02 during trading hours on Friday, hitting $0.17. The stock had a trading volume of 800 shares, compared to its average volume of 64,452. The company has a 50 day simple moving average of $0.17 and a two-hundred day simple moving average of $0.15. The firm has a market capitalization of $13.06 million, a price-to-earnings ratio of -2.75 and a beta of 1.47. The company has a debt-to-equity ratio of 3.30, a current ratio of 0.28 and a quick ratio of 0.28. NXT Energy Solutions has a one year low of $0.04 and a one year high of $0.40.

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.