Nexalin Technology Inc (NASDAQ:NXL) currently has a daily average trading volume of 1.17M but it saw 1281765 shares traded in last market. With a market cap of 24.14M USD, the company’s current market price of $2.28 came falling about -12.64 while comparing to the previous closing price of $2.61. 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 $2.25 while lowest mark touched by it was $2.63.
Taking a look at 20-day trading activity of Nexalin Technology Inc (NXL) gives us an average price of $1.31, while its current price level is -43.70% below from 52-week high level whereas it is 801.90% 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 $1.00 while that of 200 days or SMA-200 reads an average of $1.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 44.09% during that period while stretching the period over a month that decreases to 25.21%. 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 67.73 which implies that the stock is in neutral territory.
Over the week, NXL’s stock price is moving 67.03% up while it is 258.49% when we observe its performance for the past one month. Year-to-date it is 463.24% up and over the past year, the stock is showing an upside performance of 570.59%.
The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of -0.12 while estimate for next year EPS is -0.49. In next quarter, company is expected to be making quarterly sales of $30k as analysts are expecting the sales for current fiscal year at $170k and seeing the company making $460k in sales next year. Moreover, analysts are in estimates of $30k for current-quarter revenue.
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 5.09. Stock has a price to book (P/B) ratio of 12.80 while price to sale or P/S ratio amounts to 160.93. Its return on asset (ROA) is -160.37% on average.
