How to Buy Nexalin Technology Stock
Nexalin Technology Inc
Nexalin Technology, Inc. , a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China.
Nexalin Technology stock last closed at $1.73, up 2.73% from the previous day, and has increased 6.38% in one year. It has overperformed other stocks in the Medical Devices industry by 0.25 percentage points. Nexalin Technology stock is currently +227.17% from its 52-week low of $0.53, and -61.38% from its 52-week high of $4.49.
As of Apr 21, 2025, there are 13.3M NXL shares outstanding. The market cap of NXL is $23.07M. In the past 24 hours, 54,608 NXL shares were traded.
How to Buy Nexalin Technology Stock
Not sure how to invest in Nexalin Technology stock? Here's how.
- Choose where to buy Nexalin Technology stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Nexalin Technology stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your information.
- Evaluate Nexalin Technology stock: The Nexalin Technology ticker symbol is NXL. Is Nexalin Technology stock a good investment? Should you buy shares of NXL? How do NXL's underlying business fundamentals look? Do top analysts think Nexalin Technology is a good buy? Why has NXL's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if NXL is a good stock to buy).
- Make your NXL trade: Decide if you will purchase NXL shares at the current market price or use a limit order to purchase NXL shares at a particular price.
- Keep an eye on your investment in NXL: Create a watchlist to important updates regarding your investment in Nexalin Technology shares.
Step 1: Choose where to buy Nexalin Technology stock
You will need a brokerage account to access the NASDAQ market and buy NXL stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you are able to buy NXL stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on one of the best stock trading apps, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Nexalin Technology stock
After you have identified the best place to buy Nexalin Technology stock, it's crucial to analyze their stock prior to buying, so you can understand the risk as well as the upside.
Nexalin Technology Numbers
Nexalin Technology Fundamentals
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on NXL's stock page.
What is the fair value of NXL stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NXL's true value.
Using relative valuations ratios:
- NXL may be overvalued based on its P/B ratio of 6.28x, relative to Medical Devices industry P/B ratio of 3.74x
You can access additional valuation analysis on NXL's stock here.
NXL Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the NXL balance sheet.
- There are more short-term assets than short-term liabilities on the NXL balance sheet.
- NXL has a low debt to equity ratio of 0.15.
Negative Financial Indicators:
- NXL profit margin has gone down from -4,197.6% to -4,508.7% in the past year.
- NXL has $3.48M in cash and short term investments. This is not sufficient to cover its annual cash burn of $3.94M.
- NXL has cash burn of 3944390. It does not have enough cash and short-term investments to cover this.
Is it a good time to buy Nexalin Technology stock, according to analysts?
Out of 1 Wall Street analysts who research NXL, the consensus analyst rating on Nexalin Technology is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Nexalin Technology stock forecast page.
NXL Momentum
How is NXL performing as a company?
Last year, NXL revenue was $168.72k. In the past four year, NXL's revenue has increased by -8.71% per year. This was slower than the Medical Devices industry average of 9.8%.
Dive into NXL's earnings and revenue performance here.
Who is buying/selling NXL?
Over the past year, executives and large shareholders at NXL have bought more shares than they have sold.
Carolyn Hamby Shelton, Sr. VP - Quality Regulatory of NXL, was the latest NXL insider to buy. They bought $13,200.00 worth of NXL stock on Mar 12, 2025.
Research more about who owns NXL shares here.
Does NXL stock generate passive income?
No, Nexalin Technology doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your NXL trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in NXL
Now that you own some shares in NXL, you'll want to keep up with your new company.
Put NXL on a watchlist to get alerted to the latest events about your NXL stock.
NXL Feed
How to Buy Stock in Nexalin Technology
To reiterate, here are the 6 steps to buy Nexalin Technology stock:
- Choose where to buy Nexalin Technology stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Evaluate Nexalin Technology stock
- Make your NXL trade
- Keep an eye on your investment in NXL
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Nexalin Technology, create a watchlist today.
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