NXT Energy Solutions Inc. (TSE:SFD) shares shot up 37.2% during trading on Friday . The company traded as high as C$0.87 and last traded at C$0.59. 101,414 shares were traded during mid-day trading, an increase of 396% from the average session volume of 20,461 shares. The stock had previously closed at C$0.43.
The company has a current ratio of 2.17, a quick ratio of 2.05 and a debt-to-equity ratio of 17.44. The stock has a 50-day moving average price of C$0.39. The company has a market cap of $40.46 million and a price-to-earnings ratio of -5.36.
NXT Energy Solutions (TSE:SFD) last issued its quarterly earnings results on Wednesday, May 15th. The company reported C($0.03) EPS for the quarter.
NXT Energy Solutions Inc provides airborne and gravity based geophysical survey services for the oil and gas exploration and production companies through its proprietary stress field detection (SFD) survey system worldwide. Its SFD remote-sensing survey system offers information on areas conducive to fluid entrapment in the sedimentary column.
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