For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Incannex Healthcare Inc (NASDAQ: IXHL) closed the day trading at $0.18 up 0.17% from the previous closing price of $0.18. In other words, the price has increased by $0.17 from its previous closing price. On the day, 10.69 million shares were traded.
Ratios:
For a better understanding of IXHL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.12 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 168.00 while its Price-to-Book (P/B) ratio in mrq is 0.43.
Stock Price History:
Over the past 52 weeks, IXHL has reached a high of $3.55, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is -53.60%, while the 200-Day Moving Average is calculated to be -87.41%.
Shares Statistics:
A total of 93.70M shares are outstanding, with a floating share count of 73.14M. Insiders hold about 21.94% of the company’s shares, while institutions hold 0.54% stake in the company.
