NXL
Price:
$0.431
Market Cap:
$8.87M
Nexalin Technology, Inc. operates as a medical device firm specializing in the creation and advancement of neurostimulation therapies for mental health conditions in both the United States and China. The company commercializes its primary product, the Nexalin Device, which provides a non-invasive and drug-free treatment for anxiety and insomnia. This device functions by emitting a proprietary frequency-based waveform designed to elicit a beneficial response from mid-brain structures associated with various psychological disorders. Furthermore, Nexalin Technology is currently developing "Generation 2," a new medical device undergoing clinical trials. This future product aims to address a broa...[Read more]
Industry
Medical - Devices
IPO Date
2022-09-16
Stock Exchange
NASDAQ
Ticker
NXL
According to Nexalin Technology, Inc.’s latest financial reports and current stock price. The company's current ROE is -191.88%. This represents a change of 264.96% compared to the average of -52.58% of the last 4 quarters.
The mean historical ROE of Nexalin Technology, Inc. over the last ten years is 56.98%. The current -191.88% ROE has changed -436.76% with respect to the historical average. Over the past ten years (40 quarters), NXL's ROE was at its highest in in the June 2021 quarter at 121.29%. The ROE was at its lowest in in the June 2024 quarter at -95.08%.
Average
56.98%
Median
-30.99%
Minimum
-219.38%
Maximum
425.75%
Discovering the peaks and valleys of Nexalin Technology, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 367.81%
Maximum Annual ROE = 425.75%
Minimum Annual Increase = -108.58%
Minimum Annual ROE = -219.38%
| Year | ROE | Change |
|---|---|---|
| 2025 | -219.38% | 6.01% |
| 2024 | -206.94% | 42.75% |
| 2023 | -144.97% | 367.81% |
| 2022 | -30.99% | -108.58% |
| 2021 | 361.37% | 68.85% |
| 2020 | 214.01% | -49.73% |
The current ROE of Nexalin Technology, Inc. (NXL) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-190.43%
5-year avg
-48.18%
10-year avg
56.98%
Nexalin Technology, Inc.’s ROE is less than Inspira Technologies Oxy B.H.N. Ltd. (0%), less than Enlivex Therapeutics Ltd. (248.08%), greater than Retractable Technologies, Inc. (-8.45%), greater than CollPlant Biotechnologies Ltd. (-160.28%), greater than Harvard Bioscience, Inc. (-73.04%), greater than Vicarious Surgical Inc. (-333.19%), greater than Modular Medical, Inc. (-245.85%), greater than NeurAxis, Inc. (-185.74%), greater than SCYNEXIS, Inc. (-57.16%), greater than Exicure, Inc. (-179.41%),
| Company | ROE | Market cap |
|---|---|---|
| 0% | $45.04M | |
| 248.08% | $16.29M | |
| -8.45% | $20.95M | |
| -160.28% | $4.14M | |
| -73.04% | $27.42M | |
| -333.19% | $3.30M | |
| -245.85% | $10.06M | |
| -185.74% | $82.98M | |
| -57.16% | $26.60M | |
| -179.41% | $17.72M |
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