NXT Energy Solutions Inc. (TSE:SFD – Get Free Report) rose 12.9% on Friday . The company traded as high as C$0.48 and last traded at C$0.48. Approximately 140,005 shares were traded during trading, an increase of 871% from the average daily volume of 14,425 shares. The stock had previously closed at C$0.43.
NXT Energy Solutions Stock Up 11.8%
The company has a market cap of C$56.33 million, a P/E ratio of -23.75 and a beta of -0.12. The stock has a 50-day moving average of C$0.37 and a two-hundred day moving average of C$0.35. The company has a debt-to-equity ratio of 14.49, a quick ratio of 0.35 and a current ratio of 2.69.
NXT Energy Solutions Company Profile
NXT Energy Solutions Inc is a Calgary-based technology company whose proprietary airborne SFD® survey system, applied in numerous basins around the world, uses the principles of quantum mechanics to infer stress anomalies of exploration interest. The method can be used both onshore and offshore to remotely identify areas conducive to fluid entrapment in order to recommend areas with commercial hydrocarbon and/or geothermal potential. The SFD® survey system enables our clients to focus their exploration decisions concerning land commitments, data acquisition expenditures and prospect prioritization on areas with the greatest potential.
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