Incannex Healthcare Inc (NASDAQ:IXHL) currently has a daily average trading volume of 709.70K but it saw 999263 shares traded in last market. With a market cap of 3.10M USD, the company’s current market price of $0.11 came falling about -6.94 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.55 and as low as $0.11.
Taking a look at 20-day trading activity of Incannex Healthcare Inc (IXHL) gives us an average price of $0.4148, while its current price level is -96.83% below from 52-week high level whereas it is -0.88% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6622 while that of 200 days or SMA-200 reads an average of $1.5987. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.97% during that period while stretching the period over a month that decreases to 12.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 23.81 which implies that the stock is in oversold territory.
Over the week, IXHL’s stock price is moving -15.27% down while it is -86.58% when we observe its performance for the past one month. Year-to-date it is -94.69% down and over the past year, the stock is showing a downside performance of -95.13%.
Currently, Incannex Healthcare Inc’s total number of outstanding shares is 27.55M with 30.57% of that held by the insiders while 1.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -679.78% and return on equity (ROE) at -240.02%. Stock’s beta reads 2.23. Stock has a price to book (P/B) ratio of 2.08 while price to sale or P/S ratio amounts to 31.02. Its return on asset (ROA) is -142.27% on average.
