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NASDAQ:NXL

Nexalin Technology (NXL) Stock Price, News & Analysis

$0.90
-0.48 (-34.80%)
(As of 06/14/2024 ET)
Today's Range
$0.80
$1.45
50-Day Range
$0.62
$2.48
52-Week Range
$0.25
$3.40
Volume
3.93 million shs
Average Volume
490,179 shs
Market Capitalization
$6.69 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Nexalin Technology MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.03% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.43mentions of Nexalin Technology in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$1,920 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.82 out of 5 stars

NXL stock logo

About Nexalin Technology Stock (NASDAQ:NXL)

Nexalin 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.

NXL Stock Price History

NXL Stock News Headlines

Why Is Nexalin Technology (NXL) Stock Down 29% Today?
Nexalin Technology (NXL) & Its Peers Head to Head Analysis
Contrasting Nexalin Technology (NXL) & Its Rivals
Reviewing Nexalin Technology (NXL) & The Competition
Nexalin Technology CEO Provides Letter to Shareholders
See More Headlines
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Company Calendar

Last Earnings
3/27/2024
Today
6/15/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electromedical equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:NXL
Fax
N/A
Employees
6
Year Founded
N/A

Profitability

Net Income
$-4,650,000.00
Net Margins
-3,088.12%
Pretax Margin
-3,093.12%

Debt

Sales & Book Value

Annual Sales
$158,859.00
Book Value
$0.43 per share

Miscellaneous

Free Float
5,378,000
Market Cap
$6.69 million
Optionable
Not Optionable
Beta
5.13
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Key Executives

  • Mr. Mark White (Age 62)
    President, CEO, CFO & Director
    Comp: $442.5k
  • Dr. David Owens M.D. (Age 63)
    Chief Medical Officer & Director
    Comp: $42.8k
  • Mr. Michael Nketiah (Age 48)
    Senior Vice-President of Quality, Regulatory & Clinical Affairs
    Comp: $280k
  • Ms. Marilyn Elson (Age 71)
    Controller
    Comp: $382.72k
  • Mr. John Patrick Claude
    Co-Founder and Director of Engineering & Development

NXL Stock Analysis - Frequently Asked Questions

How have NXL shares performed in 2024?

Nexalin Technology's stock was trading at $0.4048 on January 1st, 2024. Since then, NXL stock has increased by 122.1% and is now trading at $0.8992.
View the best growth stocks for 2024 here
.

Are investors shorting Nexalin Technology?

Nexalin Technology saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 60,600 shares, a drop of 16.9% from the May 15th total of 72,900 shares. Based on an average daily volume of 544,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.0% of the company's shares are short sold.
View Nexalin Technology's Short Interest
.

When is Nexalin Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our NXL earnings forecast
.

How were Nexalin Technology's earnings last quarter?

Nexalin Technology, Inc. (NASDAQ:NXL) issued its quarterly earnings data on Wednesday, March, 27th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $0.02 million for the quarter. Nexalin Technology had a negative trailing twelve-month return on equity of 154.84% and a negative net margin of 3,088.12%.

When did Nexalin Technology IPO?

Nexalin Technology (NXL) raised $10 million in an initial public offering (IPO) 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.

This page (NASDAQ:NXL) was last updated on 6/15/2024 by MarketBeat.com Staff

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