NXT Energy Solutions (TSE:SFD) Insider Sells C$12,000.00 in Stock

NXT Energy Solutions Inc. (TSE:SFD) insider Chee Pheng Cheng sold 30,000 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of C$0.40, for a total value of C$12,000.00. Following the sale, the insider directly owned 10,947,231 shares of the company’s stock, valued at approximately C$4,378,892.40. The trade was a 0.27% decrease in their ownership of the stock.

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

• On Thursday, October 23rd, Chee Pheng Cheng sold 20,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.46, for a total transaction of C$9,200.00.
• On Tuesday, October 28th, Chee Pheng Cheng sold 1,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.43, for a total transaction of C$430.00.
• On Tuesday, October 21st, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.47, for a total transaction of C$4,700.00.
• On Tuesday, September 2nd, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.65, for a total transaction of C$6,500.00.
• On Wednesday, September 10th, Chee Pheng Cheng sold 3,500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.68, for a total transaction of C$2,380.00.
• On Thursday, September 11th, Chee Pheng Cheng sold 1,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.68, for a total transaction of C$1,020.00.

NXT Energy Solutions Stock Up 15.0%

SFD stock traded up C$0.05 during trading hours on Friday, reaching C$0.35. 14,500 shares of the stock were exchanged, compared to its average volume of 31,202. The firm’s 50-day moving average is C$0.48 and its 200-day moving average is C$0.60. NXT Energy Solutions Inc. has a 12 month low of C$0.15 and a 12 month high of C$0.93. The company has a market cap of C$37.69 million, a price-to-earnings ratio of -6.90 and a beta of -0.61. The company has a debt-to-equity ratio of 438.95, a current ratio of 0.28 and a quick ratio of 0.35.

NXT Energy Solutions Company Profile

NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential.