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In the latest session, Incannex Healthcare Inc (NASDAQ: IXHL) closed at $0.48 up 4.74% from its previous closing price of $0.46. In other words, the price has increased by $4.74 from its previous closing price. On the day, 26.42 million shares were traded. IXHL stock price reached its highest trading level at $0.4999 during the session, while it also had its lowest trading level at $0.4701.
Ratios:
For a deeper understanding of Incannex Healthcare Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.86 and its Current Ratio is at 2.86. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IXHL now has a Market Capitalization of 167524512 and an Enterprise Value of 152743520. For the stock, the TTM Price-to-Sale (P/S) ratio is 1861.41 while its Price-to-Book (P/B) ratio in mrq is 6.99. Its current Enterprise Value per Revenue stands at 1776.087 whereas that against EBITDA is -6.978.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.62, which has changed by -0.69493675 over the last 52 weeks, in comparison to a change of 0.17904854 over the same period for the S&P500. Over the past 52 weeks, IXHL has reached a high of $3.12, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is -14.14%, while the 200-Day Moving Average is calculated to be -41.20%.
Shares Statistics:
For the past three months, IXHL has traded an average of 127.66M shares per day and 44740210 over the past ten days. A total of 347.71M shares are outstanding, with a floating share count of 271.43M. Insiders hold about 21.94% of the company’s shares, while institutions hold 0.29% stake in the company. Shares short for IXHL as of 1757894400 were 5517826 with a Short Ratio of 0.04, compared to 1755216000 on 4703762. Therefore, it implies a Short% of Shares Outstanding of 5517826 and a Short% of Float of 6.16.
Earnings Estimates
The market rating of Incannex Healthcare Inc (IXHL) is currently shaped by the ongoing analysis conducted by 1.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.6, with high estimates of -$0.6 and low estimates of -$0.6.
Analysts are recommending an EPS of between -$2.41 and -$2.41 for the fiscal current year, implying an average EPS of -$2.41.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $309k this quarter.It ranges from a high estimate of $309k to a low estimate of $309k. As of. The current estimate, Incannex Healthcare Inc’s year-ago sales were $114.1kFor the next quarter, 1 analysts are estimating revenue of $309k. There is a high estimate of $309k for the next quarter, whereas the lowest estimate is $309k.
A total of 1 analysts have provided revenue estimates for IXHL’s current fiscal year. The highest revenue estimate was $1.08M, while the lowest revenue estimate was $1.08M, resulting in an average revenue estimate of $1.08M. In the same quarter a year ago, actual revenue was $130.75k
