In last trading session, Nexalin Technology Inc (NASDAQ:NXL) saw 0.39 million shares changing hands with its beta currently measuring 4.31. Company’s recent per share price level of $2.97 trading at -$0.22 or -6.90% at ring of the bell on the day assigns it a market valuation of $39.51M. That closing price of NXL’s stock is at a discount of -51.18% from its 52-week high price of $4.49 and is indicating a premium of 91.58% 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 0.43 million shares which gives us an average trading volume of 1.78 million if we extend that period to 3-months.
Nexalin Technology Inc (NASDAQ:NXL) trade information
Upright in the red during last session for losing -6.90%, in the last five days NXL remained trading in the green while hitting it’s week-highest on Thursday, 01/02/25 when the stock touched $2.97 price level, adding 13.91% to its value on the day. Nexalin Technology Inc’s shares saw a change of 7.61% in year-to-date performance and have moved 7.61% in past 5-day. Nexalin Technology Inc (NASDAQ:NXL) showed a performance of -31.88% in past 30-days. Number of shares sold short was 93398.0 shares which calculate 0.56 days to cover the short interests.
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 2.41 percent of that, with stock having share float percentage of 3.14%. Investors also watch the number of corporate investors in a company very closely, which is 2.41% 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.
