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As of close of business last night, Incannex Healthcare Inc’s stock clocked out at $0.36, down -3.37% from its previous closing price of $0.38. In other words, the price has decreased by -$3.37 from its previous closing price. On the day, 11.06 million shares were traded. IXHL stock price reached its highest trading level at $0.3836 during the session, while it also had its lowest trading level at $0.361.
Ratios:
To gain a deeper understanding of IXHL’s stock, we examine its different 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 126599576 and an Enterprise Value of 111818576. For the stock, the TTM Price-to-Sale (P/S) ratio is 1406.68 while its Price-to-Book (P/B) ratio in mrq is 5.29. Its current Enterprise Value per Revenue stands at 1300.216 whereas that against EBITDA is -5.108.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.58, which has changed by -0.86389893 over the last 52 weeks, in comparison to a change of 0.13355756 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 -22.32%, while the 200-Day Moving Average is calculated to be -43.00%.
Shares Statistics:
It appears that IXHL traded 64.88M shares on average per day over the past three months and 27947870 shares per day over the past ten days. A total of 347.71M shares are outstanding, with a floating share count of 271.10M. Insiders hold about 22.03% of the company’s shares, while institutions hold 0.30% stake in the company. Shares short for IXHL as of 1760486400 were 10159172 with a Short Ratio of 0.16, compared to 1757894400 on 5517826. Therefore, it implies a Short% of Shares Outstanding of 10159172 and a Short% of Float of 2.96.
Earnings Estimates
. The current assessment of Incannex Healthcare Inc (IXHL) involves the perspectives of 1.0 analysts closely monitoring its market dynamics.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
In. The current quarter, 1 analysts expect revenue to total $309k. 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
