The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Incannex Healthcare Inc (NASDAQ: IXHL) closed at $0.46 up 12.96% from its previous closing price of $0.41. In other words, the price has increased by $12.96 from its previous closing price. On the day, 156.42 million shares were traded. IXHL stock price reached its highest trading level at $0.493 during the session, while it also had its lowest trading level at $0.3945.
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:
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 42865648 and an Enterprise Value of 8441963. For the stock, the TTM Price-to-Sale (P/S) ratio is 428.68 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 86.142 whereas that against EBITDA is -0.416.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.70, which has changed by -0.73977274 over the last 52 weeks, in comparison to a change of 0.13054323 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 5.47%, while the 200-Day Moving Average is calculated to be -56.34%.
Shares Statistics:
For the past three months, IXHL has traded an average of 104.75M shares per day and 62801300 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 1.09% stake in the company. Shares short for IXHL as of 1753920000 were 7207970 with a Short Ratio of 0.07, compared to 1751241600 on 4110524. Therefore, it implies a Short% of Shares Outstanding of 7207970 and a Short% of Float of 8.04.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The market rating of Incannex Healthcare Inc (IXHL) is currently shaped by the ongoing analysis conducted by 1 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.6, with high estimates of -$0.6 and low estimates of -$0.6.
Analysts are recommending an EPS of between -$1.49 and -$1.49 for the fiscal current year, implying an average EPS of -$1.49. EPS for the following year is -$2.41, with 1.0 analysts recommending between -$2.41 and -$2.41.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $309k. There is a high estimate of $309k for the next quarter, whereas the lowest estimate is $309k.
Based on 1 analysts’ estimates, the company’s revenue will be $1.08M in the next fiscal year. The high estimate is $1.08M and the low estimate is $1.08M.
