Trading Day Triumph: Incannex Healthcare Inc (IXHL) Ends at 0.22, a -4.39 Surge/Plunge

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Incannex Healthcare Inc (NASDAQ: IXHL) closed the day trading at $0.22 down -4.39% from the previous closing price of $0.23. In other words, the price has decreased by -$4.39 from its previous closing price. On the day, 55.35 million shares were traded.

Ratios:

For a better understanding of IXHL, let’s look at 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 160.07 while its Price-to-Book (P/B) ratio in mrq is 0.53.

Stock Price History:

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 -52.11%, while the 200-Day Moving Average is calculated to be -85.05%.

Shares Statistics:

A total of 72.76M shares are outstanding, with a floating share count of 56.80M. Insiders hold about 21.94% of the company’s shares, while institutions hold 0.69% stake in the company.

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 $312k. There is a high estimate of $312k for the next quarter, whereas the lowest estimate is $312k.

Based on 1 analysts’ estimates, the company’s revenue will be $1.09M in the next fiscal year. The high estimate is $1.09M and the low estimate is $1.09M.

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