The closing price of Nexalin Technology Inc (NASDAQ: NXL) was $1.90 for the day, up 35.71% from the previous closing price of $1.40. In other words, the price has increased by $+0.5000 from its previous closing price. On the day, 3251666 shares were traded. NXL stock price reached its highest trading level at $2.1600 during the session, while it also had its lowest trading level at $1.2500.
Ratios:
Our analysis of NXL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.70 and its Current Ratio is at 8.07. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 10.20M and an Enterprise Value of 6.78M. For the stock, the TTM Price-to-Sale (P/S) ratio is 128.51 while its Price-to-Book (P/B) ratio in mrq is 4.41. Its current Enterprise Value per Revenue stands at 52.72 whereas that against EBITDA is -1.49.
Stock Price History:
Over the past 52 weeks, NXL has reached a high of $1.90, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 0.4611, while the 200-Day Moving Average is calculated to be 0.4864.
Shares Statistics:
NXL traded an average of 519.19K shares per day over the past three months and 1.81M shares per day over the past ten days. A total of 7.44M shares are outstanding, with a floating share count of 5.87M. Insiders hold about 21.06% of the company’s shares, while institutions hold 0.65% stake in the company. Shares short for NXL as of Mar 15, 2024 were 160.49k with a Short Ratio of 0.31, compared to 8.77k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.20% and a Short% of Float of 2.79%.
