NXT Energy Solutions (TSE:SFD) Sets New 52-Week Low at $0.12

NXT Energy Solutions Inc. (TSE:SFD) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.13, with a volume of 1000 shares trading hands. The stock had previously closed at C$0.13.

NXT Energy Solutions Trading Down 7.7 %

The company has a debt-to-equity ratio of 55.88, a current ratio of 0.55 and a quick ratio of 0.35. The business’s 50 day moving average price is C$0.17 and its 200-day moving average price is C$0.17. The firm has a market capitalization of C$9.36 million, a price-to-earnings ratio of -1.43 and a beta of 1.34.

NXT Energy Solutions (TSE:SFD) last issued its quarterly earnings results on Wednesday, March 27th. The company reported C($0.01) earnings per share (EPS) for the quarter. NXT Energy Solutions had a negative return on equity of 52.83% and a negative net margin of 254.05%. The firm had revenue of C$2.15 million for the quarter.

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.