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As of close of business last night, Nexalin Technology Inc’s stock clocked out at $2.85, up 5.17% from its previous closing price of $2.71. In other words, the price has increased by $5.17 from its previous closing price. On the day, 1.2 million shares were traded. NXL stock price reached its highest trading level at $3.05 during the session, while it also had its lowest trading level at $2.66.
Ratios:
To gain a deeper understanding of NXL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.89 and its Current Ratio is at 5.57. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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 30171808 and an Enterprise Value of 29322906. For the stock, the TTM Price-to-Sale (P/S) ratio is 201.15 while its Price-to-Book (P/B) ratio in mrq is 16.00. Its current Enterprise Value per Revenue stands at 195.279 whereas that against EBITDA is -4.581.
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 148.99%, while the 200-Day Moving Average is calculated to be 163.08%.
Shares Statistics:
It appears that NXL traded 1.34M shares on average per day over the past three months and 7401370 shares per day over the past ten 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 2.61% stake in the company. Shares short for NXL as of 1728950400 were 93398 with a Short Ratio of 0.07, compared to 1726185600 on 37370. Therefore, it implies a Short% of Shares Outstanding of 93398 and a Short% of Float of 1.0299999.
