NXT Energy Solutions (TSE:SFD) Insider Chee Pheng Cheng Sells 45,000 Shares

NXT Energy Solutions Inc. (TSE:SFD) insider Chee Pheng Cheng sold 45,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of C$0.35, for a total transaction of C$15,750.00. Following the completion of the sale, the insider directly owned 11,026,857 shares of the company’s stock, valued at C$3,859,399.95. The trade was a 0.41% decrease in their position.

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

• On Thursday, August 6th, Chee Pheng Cheng sold 20,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.34, for a total value of C$6,800.00.
• On Thursday, August 6th, Chee Pheng Cheng sold 9,500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.37, for a total value of C$3,515.00.
• On Friday, July 31st, Chee Pheng Cheng sold 2,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.40, for a total value of C$800.00.
• On Friday, July 31st, Chee Pheng Cheng sold 30,000 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.36, for a total value of C$10,800.00.
• On Wednesday, July 29th, Chee Pheng Cheng sold 500 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.40, for a total transaction of C$200.00.
• On Friday, July 24th, Chee Pheng Cheng sold 500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.40, for a total transaction of C$200.00.
• On Monday, July 27th, Chee Pheng Cheng sold 2,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.40, for a total transaction of C$1,000.00.
• On Monday, July 20th, Chee Pheng Cheng sold 2,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.40, for a total transaction of C$800.00.
• On Tuesday, July 21st, Chee Pheng Cheng sold 18,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.40, for a total transaction of C$7,200.00.
• On Thursday, July 23rd, Chee Pheng Cheng sold 6,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.40, for a total transaction of C$2,600.00.

NXT Energy Solutions Stock Performance

TSE SFD remained flat at C$0.34 during trading hours on Friday. 57,000 shares of the company’s stock were exchanged, compared to its average volume of 16,855. The company has a debt-to-equity ratio of 15.21, a quick ratio of 0.35 and a current ratio of 2.34. The company has a 50 day moving average of C$0.40 and a 200-day moving average of C$0.38. NXT Energy Solutions Inc. has a 1 year low of C$0.27 and a 1 year high of C$0.93. The company has a market cap of C$40.63 million, a PE ratio of -2.43 and a beta of -0.27.

NXT Energy Solutions (TSE:SFD) last posted its earnings results on Thursday, August 6th. The company reported C($0.02) EPS for the quarter. NXT Energy Solutions had a negative net margin of 310.81% and a negative return on equity of 91.33%.

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.