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The price of Nexalin Technology Inc (NASDAQ: NXL) closed at $3.78 in the last session, up 13.17% from day before closing price of $3.34. In other words, the price has increased by $13.17 from its previous closing price. On the day, 1.28 million shares were traded. NXL stock price reached its highest trading level at $3.78 during the session, while it also had its lowest trading level at $3.03.
Ratios:
We take a closer look at NXL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 15.86 and its Current Ratio is at 16.39. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 28 ’24 when Owens David bought 500 shares for $2.19 per share. The transaction valued at 1,095 led to the insider holds 148,293 shares of the business.
Owens David bought 1,000 shares of NXL for $950 on Aug 13 ’24. The Chief Medical Officer now owns 147,793 shares after completing the transaction at $0.95 per share. On Jun 28 ’24, another insider, Owens David, who serves as the Chief Medical Officer of the company, bought 1,000 shares for $1.75 each. As a result, the insider paid 1,750 and bolstered with 146,793 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NXL now has a Market Capitalization of 40017348 and an Enterprise Value of 39380140. For the stock, the TTM Price-to-Sale (P/S) ratio is 303.87 while its Price-to-Book (P/B) ratio in mrq is 9.81. Its current Enterprise Value per Revenue stands at 262.256 whereas that against EBITDA is -6.152.
Stock Price History:
Over the past 52 weeks, NXL has reached a high of $4.05, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 170.30%, while the 200-Day Moving Average is calculated to be 225.57%.
Shares Statistics:
According to the various share statistics, NXL traded on average about 1.44M shares per day over the past 3-months and 2720380 shares per day over the past 10 days. A total of 10.59M shares are outstanding, with a floating share count of 8.09M. Insiders hold about 23.61% of the company’s shares, while institutions hold 2.41% stake in the company. Shares short for NXL as of 1728950400 were 93398 with a Short Ratio of 0.89, compared to 1726185600 on 37370. Therefore, it implies a Short% of Shares Outstanding of 93398 and a Short% of Float of 1.0299999.
