Key Points
- Chee Pheng Cheng sold 30,000 shares of NXT Energy Solutions on Oct. 27 at C$0.40 (C$12,000), part of a series of recent disposals, and still holds about 10,947,231 shares — a 0.27% reduction in their stake valued at ~C$4.38M.
- Shares opened at C$0.35, trading below the 50‑day (C$0.48) and 200‑day (C$0.60) averages; the company has a C$37.7M market cap, a negative P/E and very high debt‑to‑equity (438.95) with weak liquidity (current ratio 0.28), indicating financial strain.
NXT Energy Solutions Inc. (TSE:SFD - Get Free Report) insider Chee Pheng Cheng sold 30,000 shares of NXT Energy Solutions stock in a transaction dated Monday, October 27th. The shares were sold at an average price of C$0.40, for a total transaction of C$12,000.00. Following the sale, the insider owned 10,947,231 shares in the company, valued at approximately C$4,378,892.40. This trade represents 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 stock was 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 stock was 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 shares were sold at an average price of C$0.47, for a total value of C$4,700.00.
- On Tuesday, September 2nd, Chee Pheng Cheng sold 10,000 shares of NXT Energy Solutions stock. The shares were sold at an average price of C$0.65, for a total value of C$6,500.00.
- On Wednesday, September 10th, Chee Pheng Cheng sold 3,500 shares of NXT Energy Solutions stock. The stock was sold at an average price of C$0.68, for a total value 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 value of C$1,020.00.
NXT Energy Solutions Price Performance
Shares of SFD stock opened at C$0.35 on Friday. The stock's fifty day simple moving average is C$0.48 and its 200 day simple moving average is C$0.60. NXT Energy Solutions Inc. has a one year low of C$0.15 and a one year high of C$0.93. The firm 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
(
Get Free Report)
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.
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