Nexalin Technology Inc (NASDAQ: NXL) kicked off on Tuesday, up 10.76% from the previous trading day, before settling in for the closing price of $2.51. Over the past 52 weeks, NXL has traded in a range of $0.25-$4.49.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 175.50%. With a float of $10.36 million, this company’s outstanding shares have now reached $12.86 million.
Let’s determine the extent of company efficiency that accounts for 6 employees. In terms of profitability, gross margin is -572.61%, operating margin of -4012.71%, and the pretax margin is -3427.1%.
Nexalin Technology Inc (NXL) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Nexalin Technology Inc is 19.44%, while institutional ownership is 3.76%. The most recent insider transaction that took place on Oct 28 ’24, was worth 1,095. In this transaction Chief Medical Officer of this company bought 500 shares at a rate of $2.19, taking the stock ownership to the 148,293 shares. Before that another transaction happened on Aug 13 ’24, when Company’s Chief Medical Officer bought 1,000 for $0.95, making the entire transaction worth $950. This insider now owns 147,793 shares in total.
Nexalin Technology Inc (NXL) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
Nexalin Technology Inc (NASDAQ: NXL) Trading Performance Indicators
Take a look at Nexalin Technology Inc’s (NXL) current performance indicators. Last quarter, stock had a quick ratio of 15.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 231.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.64, a number that is poised to hit -0.12 in the next quarter
Technical Analysis of Nexalin Technology Inc (NXL)
Looking closely at Nexalin Technology Inc (NASDAQ: NXL), its last 5-days average volume was 0.41 million, which is a drop from its year-to-date volume of 0.45 million. As of the previous 9 days, the stock’s Stochastic %D was 17.48%. Additionally, its Average True Range was 0.38.
During the past 100 days, Nexalin Technology Inc’s (NXL) raw stochastic average was set at 56.14%, which indicates a significant increase from 39.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 107.69% in the past 14 days, which was lower than the 157.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.48, while its 200-day Moving Average is $1.81. However, in the short run, Nexalin Technology Inc’s stock first resistance to watch stands at $3.06. Second resistance stands at $3.34. The third major resistance level sits at $3.57. If the price goes on to break the first support level at $2.55, it is likely to go to the next support level at $2.32. Now, if the price goes above the second support level, the third support stands at $2.04.
Nexalin Technology Inc (NASDAQ: NXL) Key Stats
The company with the Market Capitalisation of 36.98 million has total of 13,304K Shares Outstanding. Its annual sales at the moment are 110 K in contrast with the sum of -4,650 K annual income. Company’s last quarter sales were recorded 40 K and last quarter income was -2,450 K.
