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Incannex Healthcare Inc (NASDAQ: IXHL) closed the day trading at $0.36 down -0.58% from the previous closing price of $0.36. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 8.23 million shares were traded. IXHL stock price reached its highest trading level at $0.362 during the session, while it also had its lowest trading level at $0.3466.
Ratios:
For a better understanding of IXHL, let’s look at its different 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 123948736 and an Enterprise Value of 50878732. For the stock, the TTM Price-to-Sale (P/S) ratio is 12395.03 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 4239.894 whereas that against EBITDA is -2.227.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.59, which has changed by -0.81641024 over the last 52 weeks, in comparison to a change of 0.15196204 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 -5.24%, while the 200-Day Moving Average is calculated to be -18.08%.
Shares Statistics:
Over the past 3-months, IXHL traded about 22.37M shares per day on average, while over the past 10 days, IXHL traded about 11973540 shares per day. 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 1765756800 were 22052720 with a Short Ratio of 0.99, compared to 1763078400 on 22271969. Therefore, it implies a Short% of Shares Outstanding of 22052720 and a Short% of Float of 6.45.
Earnings Estimates
Incannex Healthcare Inc (IXHL) is currently under the scrutiny of 1.0 analysts, each contributing to the ongoing evaluation of its stock.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.
