In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Incannex Healthcare Inc (NASDAQ: IXHL) closed at $0.39 down -34.10% from its previous closing price of $0.58. In other words, the price has decreased by -$34.10 from its previous closing price. On the day, 189.64 million shares were traded.
Ratios:
For a deeper understanding of Incannex Healthcare Inc’s stock, let’s take a closer look at its various 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 361.21 while its Price-to-Book (P/B) ratio in mrq is 0.93.
Stock Price History:
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 2.46%, while the 200-Day Moving Average is calculated to be -67.05%.
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 0.65% stake in the company.
