NASDAQ:NXL Nexalin Technology (NXL) Stock Price, News & Analysis $3.35 +0.01 (+0.30%) (As of 11:25 AM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Nexalin Technology Stock (NASDAQ:NXL) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Nexalin Technology alerts:Sign Up Key Stats Today's Range$3.03▼$3.4450-Day Range$0.62▼$3.8052-Week Range$0.25▼$4.05Volume529,148 shsAverage Volume1.47 million shsMarket Capitalization$35.47 millionP/E RatioN/ADividend YieldN/APrice Target$3.00Consensus RatingBuy Company OverviewNexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. The company designs and develops Generation 2 and Generation 3, that is in clinical trials for the treatment of substance abuse issues related to opiate, cocaine, alcohol abuse, alzheimer's disease, and dementia. It also licenses and sells Nexalin Device, a non-invasive and undetectable to the human body that can provide relief to its afflicted with mental health issues. The company is based in Houston, Texas.Read More… Download for free: Tesla investment guide (Ad)This doesn’t happen often… But our resident Tesla trading expert has just published a brand new e-book outlining his bullish case for Tesla. And he’s currently giving away digital copies for free.claim your free digital copy today, simply follow this link and enter your email address. Nexalin Technology Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks23rd Percentile Overall ScoreNXL MarketRank™: Nexalin Technology scored higher than 23% of companies evaluated by MarketBeat, and ranked 261st out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.5 / 5Analyst RatingBuy Consensus RatingNexalin Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageNexalin Technology has only been the subject of 1 research reports in the past 90 days.Read more about Nexalin Technology's stock forecast and price target. Earnings and Valuation0.0 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Nexalin Technology is -5.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Nexalin Technology is -5.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNexalin Technology has a P/B Ratio of 7.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Nexalin Technology's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted15.95% of the float of Nexalin Technology has been sold short.Short Interest Ratio / Days to CoverNexalin Technology has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nexalin Technology has recently increased by 1,281.16%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldNexalin Technology does not currently pay a dividend.Dividend GrowthNexalin Technology does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted15.95% of the float of Nexalin Technology has been sold short.Short Interest Ratio / Days to CoverNexalin Technology has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nexalin Technology has recently increased by 1,281.16%, indicating that investor sentiment is decreasing significantly. News and Social Media3.0 / 5News Sentiment0.32 News SentimentNexalin Technology has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Nexalin Technology this week, compared to 1 article on an average week.Search Interest9 people have searched for NXL on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.MarketBeat Follows5 people have added Nexalin Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, Nexalin Technology insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,095.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders24.00% of the stock of Nexalin Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 0.65% of the stock of Nexalin Technology is held by institutions.Read more about Nexalin Technology's insider trading history. Receive NXL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nexalin Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address NXL Stock News HeadlinesNexalin Technology releases letter to shareholdersNovember 12 at 3:55 AM | markets.businessinsider.comIs Nexalin Technology (NASDAQ:NXL) In A Good Position To Invest In Growth?November 10 at 5:46 PM | finance.yahoo.comJ.P. Morgan’s warns of "most predictable crisis in history"When the largest bank in the U.S. says a crisis is coming - you NEED to listen.November 12, 2024 | Behind the Markets (Ad)Nexalin Technology’s Strong Financial Position: No Defaults on Senior SecuritiesNovember 10 at 6:50 AM | markets.businessinsider.comNexalin Technology regains compliance with Nasdaq continued listing rulesNovember 2, 2024 | markets.businessinsider.comJoin Nexalin Technology’s Exclusive Live Investor Webinar and Q&A Session on November 5thNovember 2, 2024 | markets.businessinsider.comJoin Nexalin Technology's Exclusive Live Investor Webinar and Q&A Session on November 5thNovember 1, 2024 | globenewswire.comNexalin Technology Regains Compliance with Nasdaq Continued Listing RequirementsNovember 1, 2024 | globenewswire.comSee More Headlines NXL Stock Analysis - Frequently Asked Questions How have NXL shares performed this year? Nexalin Technology's stock was trading at $0.4048 on January 1st, 2024. Since then, NXL shares have increased by 735.0% and is now trading at $3.38. View the best growth stocks for 2024 here. How were Nexalin Technology's earnings last quarter? Nexalin Technology, Inc. (NASDAQ:NXL) released its quarterly earnings data on Friday, November, 8th. The company reported ($0.23) EPS for the quarter. The company had revenue of $0.04 million for the quarter. Nexalin Technology had a negative trailing twelve-month return on equity of 213.51% and a negative net margin of 3,578.81%. When did Nexalin Technology IPO? Nexalin Technology (NXL) raised $10 million in an initial public offering on Friday, September 16th 2022. The company issued 2,315,000 shares at $4.15 per share. How do I buy shares of Nexalin Technology? Shares of NXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Nexalin Technology own? Based on aggregate information from My MarketBeat watchlists, some other companies that Nexalin Technology investors own include Meta Platforms (META), NVIDIA (NVDA), Faraday Future Intelligent Electric (FFIE), Intel (INTC), PayPal (PYPL), Advanced Micro Devices (AMD) and DoorDash (DASH). Company Calendar Last Earnings11/08/2024Today11/12/2024Fiscal Year End12/31/2024Next Earnings (Estimated)3/26/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Electromedical equipment Sub-IndustryMedical Equipment Current SymbolNASDAQ:NXL CUSIPN/A CIK1527352 Webwww.nexalin.com Phone832-260-0222FaxN/AEmployees3Year FoundedN/APrice Target and Rating Average Stock Price Target$3.00 High Stock Price Target$3.00 Low Stock Price Target$3.00 Potential Upside/Downside-10.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.64) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-4,650,000.00 Net Margins-3,578.81% Pretax Margin-3,590.07% Return on Equity-213.51% Return on Assets-173.41% Debt Debt-to-Equity RatioN/A Current Ratio5.58 Quick Ratio4.89 Sales & Book Value Annual Sales$150,159.00 Price / Sales235.49 Cash FlowN/A Price / Cash FlowN/A Book Value$0.43 per share Price / Book7.77Miscellaneous Outstanding Shares10,587,000Free Float8,046,000Market Cap$35.36 million OptionableNot Optionable Beta3.50 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? 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