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The closing price of Incannex Healthcare Inc (NASDAQ: IXHL) was $0.22 for the day, down -2.09% from the previous closing price of $0.22. In other words, the price has decreased by -$2.09 from its previous closing price. On the day, 26.3 million shares were traded. IXHL stock price reached its highest trading level at $0.2255 during the session, while it also had its lowest trading level at $0.2173.
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 20641096 and an Enterprise Value of 1324870. For the stock, the TTM Price-to-Sale (P/S) ratio is 206.42 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 13.519 whereas that against EBITDA is -0.065.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.47, which has changed by -0.91821563 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, IXHL has reached a high of $3.12, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is 7.28%, while the 200-Day Moving Average is calculated to be -82.32%.
Shares Statistics:
IXHL traded an average of 63.53M shares per day over the past three months and 31273270 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 0.63% stake in the company. Shares short for IXHL as of 1749772800 were 4924406 with a Short Ratio of 0.06, 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
