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. Year to date metric has recorded a gain of 92.94%.However, over the last six months, we can see a stronger performance of -65.90%. Over the last 30 days, the price of NXL has fallen by 5.55%. And in the last five days, it has surged by 18.71%.
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.
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52-week price history of NXL Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Nexalin Technology Inc’s current trading price is -80.72% away from its 52-week high, while its distance from the 52-week low is 208.94%. The stock’s price range during this period has varied between$0.25 and $4.05. The Nexalin Technology Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.54 million for the day, a figure considerably higher than their average daily volume of 0.17 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nexalin Technology Inc (NXL) has experienced a quarterly decline of -45.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.27M and boasts a workforce of 6 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0354, with a change in price of -0.4490. Similarly, Nexalin Technology Inc recorded 1,815,998 in trading volume during the last 100 days, posting a change of -36.50%.
NXL’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its 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
Nexalin Technology Inc’s raw stochastic average for the past 50 days is presently 31.72%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 63.55%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 31.29% and 25.89%, respectively.
