In last trading session, Nexalin Technology Inc (NASDAQ:NXL) saw 1.04 million shares changing hands with its beta currently measuring 3.58. Company’s recent per share price level of $2.99 trading at $0.14 or 4.91% at ring of the bell on the day assigns it a market valuation of $31.65M. That closing price of NXL’s stock is at a discount of -35.45% from its 52-week high price of $4.05 and is indicating a premium of 91.64% from its 52-week low price of $0.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.42 million shares which gives us an average trading volume of 1.35 million if we extend that period to 3-months.
Nexalin Technology Inc (NASDAQ:NXL) trade information
Upright in the green during last session for gaining 4.91%, in the last five days NXL remained trading in the green while hitting it’s week-highest on Friday, 11/01/24 when the stock touched $2.99 price level, adding 12.06% to its value on the day. Nexalin Technology Inc’s shares saw a change of 638.64% in year-to-date performance and have moved 31.14% in past 5-day. Nexalin Technology Inc (NASDAQ:NXL) showed a performance of 339.71% in past 30-days. Number of shares sold short was 93398.0 shares which calculate 0.56 days to cover the short interests.
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1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 30k for the same. And 1 analysts are in estimates of company making revenue of 30k in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 2.43% during past 5 years.
Nexalin Technology Inc (NASDAQ:NXL)’s Major holders
Insiders are in possession of 23.30% of company’s total shares while institution are holding 2.61 percent of that, with stock having share float percentage of 3.40%. Investors also watch the number of corporate investors in a company very closely, which is 2.61% institutions for Nexalin Technology Inc that are currently holding shares of the company. MORGAN STANLEY is the top institutional holder at NXL for having 59805.0 shares of worth $0.1 million. And as of 2024-06-30, it was holding 0.8042 of the company’s outstanding shares.
The second largest institutional holder is CVI HOLDINGS, LLC, which was holding about 55462.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.7458 of outstanding shares, having a total worth of $93731.0.