In last trading session, Nexalin Technology Inc (NASDAQ:NXL) saw 1.1 million shares changing hands with its beta currently measuring 4.24. Company’s recent per share price level of $2.88 trading at $0.28 or 10.77% at ring of the bell on the day assigns it a market valuation of $38.32M. That closing price of NXL’s stock is at a discount of -55.9% from its 52-week high price of $4.49 and is indicating a premium of 91.32% 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 0.29 million shares which gives us an average trading volume of 775.87K if we extend that period to 3-months.

Nexalin Technology Inc (NASDAQ:NXL) trade information

Upright in the green during last session for gaining 10.77%, in the last five days NXL remained trading in the green while hitting it’s week-highest on Thursday, 01/30/25 when the stock touched $2.88 price level, adding 8.57% to its value on the day. Nexalin Technology Inc’s shares saw a change of 4.35% in year-to-date performance and have moved 10.77% in past 5-day. Nexalin Technology Inc (NASDAQ:NXL) showed a performance of -2.37% in past 30-days. Number of shares sold short was 93398.0 shares which calculate 0.56 days to cover the short interests.

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 35k 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 2.41 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.