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Nexalin Technology Inc’s Mixed Bag: Up 230.68% in 6 Months, Up 81.69% in 30 Days

Nexalin Technology Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $4.05 on 06/26/24 and the lowest value was $0.25 on 02/13/24.

52-week price history of NXL Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Nexalin Technology Inc’s current trading price is -68.15% away from its 52-week high, while its distance from the 52-week low is 410.28%. The stock’s price range during this period has spanned from $0.25 to $4.05. In the Healthcare sector, the Nexalin Technology Inc’s shares surpassed a trading volume of approximately 0.58 million for the day, which was noticeably lower compared to the average daily volume of 9.2.72 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Nexalin Technology Inc (NXL) has experienced a quarterly decline of -40.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.79M and boasts a workforce of 6 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1300, with a change in price of +0.9849. Similarly, Nexalin Technology Inc recorded 2,175,716 in trading volume during the last 100 days, posting a change of +322.81%.

Examining NXL’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NXL stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

NXL Stock Stochastic Average

Today’s raw stochastic average for Nexalin Technology Inc over the last 50 days is 21.59%.This indicates a increase from the raw stochastic average of the past 20 days, which was 21.59%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 23.67% and 25.88%, respectively.

NXL Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 218.68% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 230.68%. Over the past 30 days, the price of NXL has fallen by 81.69%. And in the last five days, it has fallen by -56.42%.

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