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The price of Incannex Healthcare Inc (NASDAQ: IXHL) closed at $0.24 in the last session, up 20.06% from day before closing price of $0.20. In other words, the price has increased by $20.06 from its previous closing price. On the day, 216.25 million shares were traded. IXHL stock price reached its highest trading level at $0.28 during the session, while it also had its lowest trading level at $0.2022.
Ratios:
We take a closer look at IXHL’s different ratios to gain a better understanding of the stock. 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 6611232 and an Enterprise Value of 6794331. For the stock, the TTM Price-to-Sale (P/S) ratio is 70.63 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 69.33 whereas that against EBITDA is -0.312.
Stock Price History:
The Beta on a monthly basis for IXHL is 2.44, which has changed by -0.91078067 over the last 52 weeks, in comparison to a change of 0.11936104 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 -54.09%, while the 200-Day Moving Average is calculated to be -84.27%.
Shares Statistics:
According to the various share statistics, IXHL traded on average about 36.68M shares per day over the past 3-months and 245018910 shares per day over the past 10 days. A total of 29.43M shares are outstanding, with a floating share count of 22.98M. Insiders hold about 21.94% of the company’s shares, while institutions hold 1.71% stake in the company. Shares short for IXHL as of 1745971200 were 3160941 with a Short Ratio of 0.09, compared to 1743379200 on 71825. Therefore, it implies a Short% of Shares Outstanding of 3160941 and a Short% of Float of 13.48.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $157k. There is a high estimate of $157k for the next quarter, whereas the lowest estimate is $157k.
Based on 1 analysts’ estimates, the company’s revenue will be $787k in the next fiscal year. The high estimate is $787k and the low estimate is $787k.
