Nexalin Technology, Inc.

Nexalin Technology, Inc.verified

NXL

Price:

$2.375

Market Cap:

$30.55M

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. It also engages in the development of Generation 2, a medical device that is in clinical trials for the treatment of substance abuse issues related to opiates, chronic pain, Alzheimer's disease, and dementia. The company was i...[Read more]

Industry

Medical - Devices

IPO Date

2022-09-16

Stock Exchange

NASDAQ

Ticker

NXL

The ROE as of December 2024 (TTM) for Nexalin Technology, Inc. (NXL) is -187.62%

According to Nexalin Technology, Inc.’s latest financial reports and current stock price. The company's current ROE is -187.62%. This represents a change of 251.43% compared to the average of -53.39% of the last 4 quarters.

Nexalin Technology, Inc. (NXL) Historical ROE (quarterly & annually)

How has NXL ROE performed in the past?

The mean historical ROE of Nexalin Technology, Inc. over the last ten years is 166.17%. The current -187.62% ROE has changed -212.91% 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%.

Quarterly (TTM)
Annual

Average

166.17%

Median

218.96%

Minimum

-144.97%

Maximum

425.75%

Nexalin Technology, Inc. (NXL) ROE by Quarter and Year

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 = 312.43%

Maximum Annual ROE = 425.75%

Minimum Annual Increase = -109.60%

Minimum Annual ROE = -144.97%

Quarterly (TTM)
Annual
YearROEChange
2023-144.97%312.43%
2022-35.15%-109.60%
2021366.26%67.27%
2020218.96%-48.57%

Nexalin Technology, Inc. (NXL) Average ROE

How has NXL ROE performed in the past?

The current ROE of Nexalin Technology, Inc. (NXL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

62.05%

5-year avg

166.17%

10-year avg

166.17%

Nexalin Technology, Inc. (NXL) ROE vs. Peers

How is NXL’s ROE compared to its peers?

Nexalin Technology, Inc.’s ROE is greater than Ainos, Inc. (-75.16%), less than Electromed, Inc. (15.32%), less than Armm Inc. (0%), greater than Surmodics, Inc. (-9.56%), greater than Bluejay Diagnostics, Inc. (-155.68%), less than INVO Bioscience, Inc. (0%), greater than Motus GI Holdings, Inc. (-1832.08%), greater than IRIDEX Corporation (-192.95%), less than Aziyo Biologics, Inc. (124.47%), greater than Ainos, Inc. (-75.16%), greater than LENSAR, Inc. (-43.49%), less than ProSomnus, Inc. (50.75%), less than LivaNova PLC (1.88%), greater than OrthoPediatrics Corp. (-7.64%), greater than Modular Medical, Inc. (-246.01%), greater than NeuroPace, Inc. (-205.41%), greater than STRATA Skin Sciences, Inc. (-91.63%), less than Nemaura Medical Inc. (37.24%),

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