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

NXT Energy Solutions Inc. (TSE:SFD) insider Chee Pheng Cheng sold 50,000 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of C$0.23, for a total transaction of C$11,600.00.

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

• On Thursday, September 26th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.30, for a total transaction of C$3,000.00.
• On Tuesday, September 17th, Chee Pheng Cheng sold 8,500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.25, for a total transaction of C$2,125.00.
• On Friday, September 13th, Chee Pheng Cheng sold 1,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.25, for a total value of C$375.00.
• On Friday, August 30th, Chee Pheng Cheng sold 12,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.20, for a total value of C$2,400.00.
• On Monday, August 26th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.21, for a total value of C$2,100.00.
• On Wednesday, August 14th, Chee Pheng Cheng sold 70,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.20, for a total transaction of C$14,000.00.

NXT Energy Solutions Stock Down 20.0 %

Shares of TSE:SFD opened at C$0.20 on Thursday. The firm has a fifty day moving average price of C$0.22 and a two-hundred day moving average price of C$0.20. The company has a market cap of C$15.67 million, a price-to-earnings ratio of -2.22 and a beta of 1.48. The company has a debt-to-equity ratio of 295.85, a current ratio of 0.68 and a quick ratio of 0.35. NXT Energy Solutions Inc. has a one year low of C$0.09 and a one year high of C$0.38.

NXT Energy Solutions (TSE:SFD) last posted its earnings results on Wednesday, August 14th. The company reported C($0.04) EPS for the quarter. NXT Energy Solutions had a negative return on equity of 59.24% and a negative net margin of 252.18%.

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.