Nexalin Technology Inc (NASDAQ: NXL) kicked off on Friday, up 39.73% from the previous trading day, before settling in for the closing price of $0.73. Over the past 52 weeks, NXL has traded in a range of $0.59-$4.49.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -3.66%. While this was happening, its average annual earnings per share was recorded 40.96%. With a float of $14.06 million, this company’s outstanding shares have now reached $17.42 million.
Nexalin Technology Inc (NXL) Insider and Institutional Ownership
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 19.26%, while institutional ownership is 7.55%. The most recent insider transaction that took place on Mar 12 ’25, was worth 13,200. In this transaction Sr. VP – Quality, Regulatory of this company bought 6,000 shares at a rate of $2.20, taking the stock ownership to the 30,000 shares. Before that another transaction happened on Feb 04 ’25, when Company’s Chief Medical Officer bought 1,000 for $3.10, making the entire transaction worth $3,100. This insider now owns 155,793 shares in total.
Nexalin Technology Inc (NXL) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.23 earnings per share (EPS), lower than consensus estimate (set at -0.12) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.96% per share during the next 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 10.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 104.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.69, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.39 in one year’s time.
Technical Analysis of Nexalin Technology Inc (NXL)
The latest stats from [Nexalin Technology Inc, NXL] show that its last 5-days average volume of 10.16 million was superior to 0.49 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 25.50%.
During the past 100 days, Nexalin Technology Inc’s (NXL) raw stochastic average was set at 19.78%, which indicates a significant decrease from 60.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1020 in the past 14 days, which was lower than the 0.1139 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0064, while its 200-day Moving Average is $2.1672. Now, the first resistance to watch is $1.2544. This is followed by the second major resistance level at $1.4887. The third major resistance level sits at $1.7475. If the price goes on to break the first support level at $0.7613, it is likely to go to the next support level at $0.5025. The third support level lies at $0.2682 if the price breaches the second support level.
Nexalin Technology Inc (NASDAQ: NXL) Key Stats
The company with the Market Capitalisation of 17.77 million has total of 17,418K Shares Outstanding. Its annual sales at the moment are 170 K in contrast with the sum of -7,610 K annual income. Company’s last quarter sales were recorded 70 K and last quarter income was -1,580 K.
