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.
As of close of business last night, Incannex Healthcare Inc’s stock clocked out at $0.2, down -2.77% from its previous closing price of $0.21. In other words, the price has decreased by -$2.77 from its previous closing price. On the day, 10.79 million shares were traded. IXHL stock price reached its highest trading level at $0.2151 during the session, while it also had its lowest trading level at $0.2033.
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 2.12 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 19048274 and an Enterprise Value of 959891. For the stock, the TTM Price-to-Sale (P/S) ratio is 190.49 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 9.795 whereas that against EBITDA is -0.047.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.47, which has changed by -0.93118644 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, IXHL has reached a high of $3.13, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is -23.34%, while the 200-Day Moving Average is calculated to be -84.54%.
Shares Statistics:
It appears that IXHL traded 57.07M shares on average per day over the past three months and 20426150 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 1749772800 were 4924406 with a Short Ratio of 0.09, compared to 1747267200 on 8426299. Therefore, it implies a Short% of Shares Outstanding of 4924406 and a Short% of Float of 5.5.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
