A share price of Nexalin Technology Inc [NXL] is currently trading at $4.27, up 10.91%. An important factor to consider is whether the stock is rising or falling in short-term value. The NXL shares have gain 12.37% over the last week, with a monthly amount glided 63.60%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Nexalin Technology Inc experienced fluctuations in its stock price throughout the past year between $0.25 and $4.36. Nexalin Technology Inc [NASDAQ: NXL] shares were valued at $4.27 at the most recent close of the market.
Analyzing the NXL fundamentals
Trailing Twelve Months sales for Nexalin Technology Inc [NASDAQ:NXL] were 0.16M which represents 49.43% growth. Gross Profit Margin for this corporation currently stands at -5.73% with Operating Profit Margin at -40.13%, Pretax Profit Margin comes in at -34.27%, and Net Profit Margin reading is -34.27%. To continue investigating profitability, this company’s Return on Assets is posted at -1.06, Equity is -1.88 and Total Capital is -1.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.02 points at the first support level, and at 3.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.39, and for the 2nd resistance point, it is at 4.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nexalin Technology Inc [NASDAQ:NXL] is 16.39. On the other hand, the Quick Ratio is 15.86, and the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 343.26, the price to book ratio is 11.08.
Transactions by insiders
Recent insider trading involved Owens David, Chief Medical Officer, that happened on Oct 28 ’24 when 500.0 shares were purchased. Chief Medical Officer, Owens David completed a deal on Aug 13 ’24 to buy 1000.0 shares. Meanwhile, Chief Medical Officer Owens David bought 1000.0 shares on Jun 28 ’24.
