Nexalin Technology (NXL) Stock Price, News & Analysis

Company Overview

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 designs and develops Generation 2 and Generation 3, that is in clinical trials for the treatment of substance abuse issues related to opiate, cocaine, alcohol abuse, alzheimer's disease, and dementia. It also licenses and sells Nexalin Device, a non-invasive and undetectable to the human body that can provide relief to its afflicted with mental health issues. The company is based in Houston, Texas.

Key Stats

• Today's Range: $2.71 to $3.09
• 50-Day Range: $2.51 to $4.36
• 52-Week Range: $0.25 to $4.49
• Volume: 492,114 shs
• Average Volume: 326,216 shs
• Market Capitalization: $38.84 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Hold

Nexalin Technology Stock Analysis - MarketRank™

Nexalin Technology scored higher than 19% of companies evaluated by MarketBeat, and ranked 289th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Nexalin Technology has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Nexalin Technology has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Nexalin Technology has a P/B Ratio of 6.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.71% of the float of Nexalin Technology has been sold short.

Short Interest Ratio / Days to Cover

Nexalin Technology has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nexalin Technology has recently increased by 20.79%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nexalin Technology does not currently pay a dividend.

Dividend Growth

Nexalin Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.71% of the float of Nexalin Technology has been sold short.

Short Interest Ratio / Days to Cover

Nexalin Technology has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nexalin Technology has recently increased by 20.79%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.61

News Sentiment

Nexalin Technology has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Nexalin Technology this week, compared to 1 article on an average week.

MarketBeat Follows

3 people have added Nexalin Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Nexalin Technology insiders have bought more of their company's stock than they have sold. Specifically, they have bought $11,750.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

24.00% of the stock of Nexalin Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.65% of the stock of Nexalin Technology is held by institutions.

NXL Stock Analysis - Frequently Asked Questions

How have NXL shares performed this year?

Nexalin Technology's stock was trading at $2.76 at the beginning of the year. Since then, NXL stock has increased by 5.8% and is now trading at $2.92.
View the best growth stocks for 2025 here.

How were Nexalin Technology's earnings last quarter?

Nexalin Technology, Inc. (NASDAQ:NXL) issued its earnings results on Friday, November, 8th. The company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $0.04 million for the quarter. Nexalin Technology had a negative trailing twelve-month return on equity of 187.59% and a negative net margin of 3,407.98%.

When did Nexalin Technology IPO?

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

Who are Nexalin Technology's major shareholders?

Nexalin Technology's top institutional investors include Drive Wealth Management LLC (0.15%) and Kingsview Wealth Management LLC (0.08%). Insiders that own company stock include Marilyn Elson and David Owens.
View institutional ownership trends.

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.

What other stocks do shareholders of Nexalin Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nexalin Technology investors own include Meta Platforms (META), NVIDIA (NVDA), Faraday Future Intelligent Electric (FFIE), Intel (INTC), PayPal (PYPL), Advanced Micro Devices (AMD) and DoorDash (DASH).

Company Calendar

• Last Earnings: 11/08/2024
• Today: 1/31/2025
• Next Earnings (Estimated): 3/26/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Electromedical equipment
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:NXL
• CUSIP: N/A
• CIK: 1527352
• Web: www.nexalin.com
• Phone: 832-260-0222
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +2.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.64)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,650,000.00
• Net Margins: -3,407.98%
• Pretax Margin: -3,418.41%
• Return on Equity: -187.59%
• Return on Assets: -167.21%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 16.42
• Quick Ratio: 15.89

Sales & Book Value

• Annual Sales: $110,000.00
• Price / Sales: 353.05
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.43 per share
• Price / Book: 6.79

Miscellaneous

• Outstanding Shares: 13,300,000
• Free Float: 10,111,000
• Market Cap: $38.84 million
• Optionable: Not Optionable
• Beta: 4.24