NXT Energy Solutions Inc. (TSE:SFD) Insider Chee Pheng Cheng Sells 60,500 Shares of Stock

NXT Energy Solutions Inc. (TSE:SFD) insider Chee Pheng Cheng sold 60,500 shares of the firm’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of C$0.38, for a total transaction of C$23,274.35.

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

• On Wednesday, January 22nd, Chee Pheng Cheng sold 25,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.24, for a total value of C$5,975.00.
• On Friday, January 17th, Chee Pheng Cheng sold 31,500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.23, for a total value of C$7,153.65.
• On Wednesday, January 15th, Chee Pheng Cheng sold 11,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.22, for a total value of C$2,369.40.
• On Monday, January 13th, Chee Pheng Cheng sold 20,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.15, for a total transaction of C$3,000.00.
• On Wednesday, December 18th, Chee Pheng Cheng sold 20,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.16, for a total transaction of C$3,292.00.
• On Monday, December 16th, Chee Pheng Cheng sold 24,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.17, for a total transaction of C$4,080.00.
• On Friday, December 13th, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.17, for a total value of C$1,730.00.
• On Wednesday, December 11th, Chee Pheng Cheng sold 15,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.19, for a total transaction of C$2,842.50.
• On Tuesday, December 3rd, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.20, for a total transaction of C$2,000.00.
• On Thursday, November 28th, Chee Pheng Cheng sold 2,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.19, for a total value of C$475.00.

NXT Energy Solutions Stock Performance

SFD traded up C$0.03 on Tuesday, hitting C$0.24. 318,966 shares of the stock traded hands, compared to its average volume of 61,119. NXT Energy Solutions Inc. has a 52 week low of C$0.09 and a 52 week high of C$0.59. The firm has a market capitalization of C$18.81 million, a PE ratio of -2.67 and a beta of 1.48. The business has a fifty day moving average price of C$0.18 and a two-hundred day moving average price of C$0.20. The company has a current ratio of 0.68, a quick ratio of 0.35 and a debt-to-equity ratio of 295.85.

NXT Energy Solutions (TSE:SFD) last posted its quarterly earnings results on Thursday, November 7th. The company reported C($0.02) earnings per share for the quarter. NXT Energy Solutions had a negative return on equity of 59.24% and a negative net margin of 252.18%.

About NXT Energy Solutions

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.