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The closing price of Incannex Healthcare Inc (NASDAQ: IXHL) was $55.98M for the day, up 15383419% from the previous closing price of $0.22. In other words, the price has increased by $15383419 from its previous closing price. On the day, 15.38 million shares were traded. IXHL stock price reached its highest trading level at $0.2228 during the session, while it also had its lowest trading level at $0.2105.
Ratios:
Our analysis of IXHL’s different ratios will help us gain a deeper understanding of the company. 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:
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 20528662 and an Enterprise Value of 1424945. For the stock, the TTM Price-to-Sale (P/S) ratio is 205.30 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 14.54 whereas that against EBITDA is -0.07.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.47, which has changed by -0.9352071 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. 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 -28.65%, while the 200-Day Moving Average is calculated to be -83.79%.
Shares Statistics:
IXHL traded an average of 55.98M shares per day over the past three months and 55842310 shares per day over the past ten days. 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. Shares short for IXHL as of 1748563200 were 5178819 with a Short Ratio of 0.09, compared to 1745971200 on 3160941. Therefore, it implies a Short% of Shares Outstanding of 5178819 and a Short% of Float of 5.7800002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
