Nexalin Technology Inc (NASDAQ:NXL) -10.59% Down Over The Last Seven Days. Can The Stock Hit Well Above -$0.34?

In last trading session, Nexalin Technology Inc (NASDAQ:NXL) saw 0.3 million shares changing hands with its beta currently measuring 4.28. Company’s recent per share price level of $2.87 trading at -$0.37 or -11.42% at ring of the bell on the day assigns it a market valuation of $38.18M. That closing price of NXL’s stock is at a discount of -56.45% from its 52-week high price of $4.49 and is indicating a premium of 89.55% from its 52-week low price of $0.30.

Nexalin Technology Inc (NASDAQ:NXL) trade information

Upright in the red during last session for losing -11.42%, in the last five days NXL remained trading in the red while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $2.87 price level, adding 18.93% to its value on the day. Nexalin Technology Inc’s shares saw a change of 3.99% in year-to-date performance and have moved -10.59% in past 5-day. Nexalin Technology Inc (NASDAQ:NXL) showed a performance of 7.09% in past 30-days.

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

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 0.7397 of outstanding shares, having a total worth of $93731.0.

On the other hand, Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 61.28 shares of worth $0.18 million or 0.46% of the total outstanding shares. The later fund manager was in possession of 31.78 shares on Sep 30, 2024 , making its stake of worth around $91208.0 in the company or a holder of 0.24% of company’s stock.