Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Nexalin Technology Inc’s current trading price is -29.62% away from its 52-week high, while its distance from the 52-week low is 1150.00%. The stock’s price range over this period has fluctuated between $0.25 and $4.49. The company, operating within the financial sector, had a trading volume of approximately 0.6 million for the day, which was noticeably higher than the average daily share volume of 0.54 million over the last 3 months.
Nexalin Technology Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $4.49 on 12/04/24 and the lowest value was $0.25 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nexalin Technology Inc (NXL) has experienced a quarterly decline of -16.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 42.04M and boasts a workforce of 6 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.68, with a change in price of +2.50. Similarly, Nexalin Technology Inc recorded 1,230,654 in trading volume during the last 100 days, posting a change of +377.20%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Today, Nexalin Technology Inc’s raw stochastic average for the past 50 days stands at 38.14%, indicating a decline from the raw stochastic average of the last 20 days, which was 53.59%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 66.23% and 76.54% respectively.
NXL Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 14.49%. However, over the past six months, we’ve seen a weaker performance of 243.29%. The price of NXL fallen by 25.90% over the last 30 days. And in the last five days, it has fallen by -11.73%.
