Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 759.69%.However, over the last six months, we can see a weaker performance of 234.62%. Over the last 30 days, the price of NXL has leaped by -17.54%. And in the last five days, it has fallen by -12.56%.
Nexalin Technology Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $4.49 on 12/04/24, while the lowest price for the same period was registered at $0.25 on 02/13/24.
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 -22.49% away from its 52-week high, while its distance from the 52-week low is 1276.58%. The stock’s price range during this period has varied between$0.25 and $4.49. The Nexalin Technology Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.86 million for the day, a figure considerably lower than their average daily volume of 1.66 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nexalin Technology Inc (NXL) has experienced a quarterly rise of 425.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 44.76M 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 1.93, with a change in price of +2.24. Similarly, Nexalin Technology Inc recorded 1,127,513 in trading volume during the last 100 days, posting a change of +180.65%.
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 74.10%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 18.55%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.08% and 45.39%, respectively.
