Putting The Spotlight On Nexalin Technology Inc (NXL)

Nexalin Technology Inc (NASDAQ:NXL) currently has a daily average trading volume of 176.12K but it saw 2569154 shares traded in last market. With a market cap of 13.98M USD, the company’s current market price of $1.32 came rising about 25.71 while comparing to the previous closing price of $1.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.05 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $1.08 while lowest mark touched by it was $1.42.

Taking a look at 20-day trading activity of Nexalin Technology Inc (NXL) gives us an average price of $0.7419, while its current price level is -67.41% below from 52-week high level whereas it is 422.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8221 while that of 200 days or SMA-200 reads an average of $0.9673. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.50% during that period while stretching the period over a month that decreases to 13.82%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 75.58 which implies that the stock is in overbought territory.

Over the week, NXL’s stock price is moving 107.55% up while it is 99.34% when we observe its performance for the past one month. Year-to-date it is 226.09% up and over the past year, the stock is showing an upside performance of 181.09%.

Currently, Nexalin Technology Inc’s total number of outstanding shares is 10.59M. Company’s return on investment (ROI) stands at -399.96% and return on equity (ROE) at -202.23%. Stock’s beta reads 5.63. Stock has a price to book (P/B) ratio of 7.41 while price to sale or P/S ratio amounts to 93.19. Its return on asset (ROA) is -160.37% on average.