Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Incannex Healthcare Inc (NASDAQ: IXHL) closed at $0.39 down -8.91% from its previous closing price of $0.42. In other words, the price has decreased by -$8.91 from its previous closing price. On the day, 12.84 million shares were traded. IXHL stock price reached its highest trading level at $0.4299 during the session, while it also had its lowest trading level at $0.3821.
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 47.51 and its Current Ratio is at 47.51. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 133400688 and an Enterprise Value of 60330688. For the stock, the TTM Price-to-Sale (P/S) ratio is 13340.24 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 5027.557 whereas that against EBITDA is -2.64.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.56, which has changed by -0.7788813 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, IXHL has reached a high of $2.25, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is 2.18%, while the 200-Day Moving Average is calculated to be -17.13%.
Shares Statistics:
For the past three months, IXHL has traded an average of 27.29M shares per day and 41162250 over the past ten days. A total of 347.71M shares are outstanding, with a floating share count of 342.86M. Insiders hold about 0.97% of the company’s shares, while institutions hold 1.07% stake in the company. Shares short for IXHL as of 1764288000 were 18714096 with a Short Ratio of 0.69, compared to 1761868800 on 29320569. Therefore, it implies a Short% of Shares Outstanding of 18714096 and a Short% of Float of 5.48.
Earnings Estimates
. The current rating of Incannex Healthcare Inc (IXHL) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.06 and -$0.06 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is $0.06, with 1.0 analysts recommending between $0.06 and $0.06.
Revenue Estimates
Based on 1 analysts’ estimates, the company’s revenue will be $61.84M in the next fiscal year. The high estimate is $61.84M and the low estimate is $61.84M.
