Nexalin Technology Stock Today

NXL Stock  USD 4.27  0.42  10.91%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 39

 
High
 
Low
Below Average
Nexalin Technology is selling for 4.27 as of the 28th of November 2024. This is a 10.91% up since the beginning of the trading day. The stock's lowest day price was 3.85. Nexalin Technology has about a 39 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Nexalin Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
16th of September 2022
Category
Healthcare
Classification
Health Care
Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. The company was incorporated in 2021 and is headquartered in Houston, Texas. Nexalin Technology operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. The company has 12.86 M outstanding shares of which 1.29 M shares are now shorted by investors with about 0.56 days to cover. More on Nexalin Technology

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Nexalin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO, PresidentMark White
Thematic IdeaMedical Equipment (View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, SPASX All Technology, Australia All Ordinaries, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0290.0305
Notably Down
Slightly volatile
Total Current Liabilities404 K425.3 K
Notably Down
Very volatile
Total Assets2.7 M3.6 M
Way Down
Slightly volatile
Total Current Assets2.6 M3.4 M
Way Down
Slightly volatile
Nexalin Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nexalin Technology's financial leverage. It provides some insight into what part of Nexalin Technology's total assets is financed by creditors.
Liquidity
Nexalin Technology has 4.46 K in debt. Nexalin Technology has a current ratio of 0.2, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Nexalin to invest in growth at high rates of return.

Change In Working Capital

(730,419)
Nexalin Technology (NXL) is traded on NASDAQ Exchange in USA. It is located in 1776 Yorktown, Houston, TX, United States, 77056 and employs 6 people. Nexalin Technology is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 49.52 M. Nexalin Technology runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 12.86 M outstanding shares of which 1.29 M shares are now shorted by investors with about 0.56 days to cover. Nexalin Technology has about 291.33 K in cash with (3.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Nexalin Technology Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Nexalin Technology is $49.52 Million. Nexalin Technology holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Nexalin Ownership Details

Nexalin Technology Historical Income Statement

At this time, Nexalin Technology's Interest Expense is quite stable compared to the past year. Selling And Marketing Expenses is expected to rise to about 2.1 M this year, although the value of Selling General Administrative will most likely fall to about 4 M. View More Fundamentals

Nexalin Stock Against Markets

Nexalin Technology Corporate Management

Marilyn ElsonChief OfficerProfile
Joel BradusDirector MarketingProfile
Carolyn SheltonRegulatory QualityProfile
David MDChief DirectorProfile
Michael NketiahRegulatory QualityProfile
When determining whether Nexalin Technology is a strong investment it is important to analyze Nexalin Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nexalin Technology's future performance. For an informed investment choice regarding Nexalin Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexalin Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Nexalin Stock please use our How to buy in Nexalin Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexalin Technology. If investors know Nexalin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexalin Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Revenue Per Share
0.02
Quarterly Revenue Growth
(0.24)
Return On Assets
(1.19)
Return On Equity
(2.02)
The market value of Nexalin Technology is measured differently than its book value, which is the value of Nexalin that is recorded on the company's balance sheet. Investors also form their own opinion of Nexalin Technology's value that differs from its market value or its book value, called intrinsic value, which is Nexalin Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexalin Technology's market value can be influenced by many factors that don't directly affect Nexalin Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexalin Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexalin Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexalin Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.