NASDAQ:NXL

Nexalin Technology (NXL) Stock Price, News & Analysis

$1.65
-0.04 (-2.37%)
(As of 05/2/2024 ET)
Today's Range
$1.60
$1.71
50-Day Range
$0.31
$2.87
52-Week Range
$0.25
$3.40
Volume
71,053 shs
Average Volume
613,737 shs
Market Capitalization
$12.27 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
NXL stock logo

About Nexalin Technology Stock (NASDAQ:NXL)

Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. It licenses and markets Nexalin Device, a non-invasive and drug-free therapy for the treatment of anxiety and insomnia. The company's Nexalin device emits a patented frequency-based waveform, which stimulates a positive response from the mid-brain structures associated with various mental health disorders. In addition, it designs and develops Generation 2 and Generation 3, a medical device that is in clinical trials for the treatment of substance abuse issues related to opiate, cocaine, alcohol abuse, Alzheimer's disease, and dementia. The company is based in Houston, Texas.

NXL Stock Price History

NXL Stock News Headlines

Urgent Nvidia Warning
Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.
Nexalin Technology CEO Provides Letter to Shareholders
Urgent Nvidia Warning
Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.
Nexalin Technology Inc NXL
Nexalin Technology Inc.
See More Headlines
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Company Calendar

Today
5/02/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electromedical equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:NXL
Fax
N/A
Employees
6
Year Founded
N/A

Profitability

Net Income
$-4,650,000.00
Net Margins
-4,185.46%
Pretax Margin
-4,197.82%

Debt

Sales & Book Value

Annual Sales
$110,748.00
Book Value
$0.43 per share

Miscellaneous

Free Float
5,378,000
Market Cap
$12.27 million
Optionable
Not Optionable
Beta
5.79
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Key Executives

  • Ms. Marilyn Elson (Age 71)
    Controller
    Comp: $382.72k
  • Mr. Mark White (Age 62)
    President, CEO, CFO & Director
    Comp: $191.29k
  • Mr. John Patrick Claude
    Co-Founder and Director of Engineering & Development
  • Dr. David Owens M.D. (Age 63)
    Chief Medical Officer & Director
  • Mr. Michael Nketiah (Age 48)
    Senior Vice-President of Quality, Regulatory & Clinical Affairs
    Comp: $251.6k

NXL Stock Analysis - Frequently Asked Questions

How have NXL shares performed in 2024?

Nexalin Technology's stock was trading at $0.4048 on January 1st, 2024. Since then, NXL shares have increased by 307.6% and is now trading at $1.65.
View the best growth stocks for 2024 here
.

Are investors shorting Nexalin Technology?

Nexalin Technology saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 327,200 shares, an increase of 243.7% from the March 31st total of 95,200 shares. Based on an average daily volume of 786,600 shares, the days-to-cover ratio is currently 0.4 days. Approximately 5.6% of the shares of the stock are sold short.
View Nexalin Technology's Short Interest
.

When is Nexalin Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our NXL earnings forecast
.

When did Nexalin Technology IPO?

Nexalin Technology (NXL) raised $10 million in an initial public offering on Friday, September 16th 2022. The company issued 2,315,000 shares at $4.15 per share.

How do I buy shares of Nexalin Technology?

Shares of NXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NXL) was last updated on 5/2/2024 by MarketBeat.com Staff

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