Nexalin Technology Inc (NASDAQ:NXL)’s traded shares stood at 0.4 million during the last session, with the company’s beta value hitting 4.31.The NXL share’s 52-week high remains $4.49, putting it -42.09% down since that peak but still an impressive 92.09% since price per share fell to its 52-week low of $0.25. The company has a valuation of $42.04M, with an average of 0.44 million shares in intraday trading volume over the past 10 days and average of 1.80 million shares over the past 3 months.
Nexalin Technology Inc (NASDAQ:NXL) trade information
The 5-day price performance for the stock is 18.80%, and -15.05% over 30 days. With these gigs, the year-to-date price performance is 14.49%. Short interest in Nexalin Technology Inc (NASDAQ:NXL) saw shorts transact 93398.0 shares and set a 0.56 days time to cover.
Revenue forecast for the current quarter as set by 1 analysts is 30k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 35k.
NXL Dividends
Nexalin Technology Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Nexalin Technology Inc (NASDAQ:NXL)’s Major holders
Nexalin Technology Inc insiders hold 23.30% of total outstanding shares, with institutional holders owning 2.41% of the shares at 3.14% float percentage. In total, 2.41% institutions holds shares in the company, led by MORGAN STANLEY. As of 2024-06-30, the company held over 59805.0 shares (or 0.8042% of shares), all amounting to roughly $0.1 million.
The next major institution holding the largest number of shares is CVI HOLDINGS, LLC with 55462.0 shares, or about 0.7458% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $93731.0.
We also have Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Nexalin Technology Inc (NXL) shares. Going by data provided on Nov 30, 2024 , Fidelity Extended Market Index Fund holds roughly 51.9 shares. This is just over 0.39% of the total shares, with a market valuation of $0.16 million. Data from the same date shows that the other fund manager holds a little less at 31.78, or 0.24% of the shares, all valued at about 0.1 million.
