Incannex Healthcare Inc (NASDAQ:IXHL) currently has a daily average trading volume of 40.60M but it saw 24054408 shares traded in last market. With a market cap of 6.65M USD, the company’s current market price of $0.23 came falling about -5.83 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.55 and as low as $0.08.
Taking a look at 20-day trading activity of Incannex Healthcare Inc (IXHL) gives us an average price of $0.2527, while its current price level is -93.63% below from 52-week high level whereas it is 182.50% 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 $0.5127 while that of 200 days or SMA-200 reads an average of $1.5179. A closer look into the stock’s movement over the week reveals that its volatility is standing at 90.70% during that period while stretching the period over a month that decreases to 40.03%. 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 44.60 which implies that the stock is in neutral territory.
Over the week, IXHL’s stock price is moving -67.71% down while it is -59.71% when we observe its performance for the past one month. Year-to-date it is -89.34% down and over the past year, the stock is showing a downside performance of -90.96%.
Currently, Incannex Healthcare Inc’s total number of outstanding shares is 29.43M with 27.93% of that held by the insiders while 8.85% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -289.64% and return on equity (ROE) at -201.88%. Stock’s beta reads 2.48. Stock has a price to book (P/B) ratio of 0.54 while price to sale or P/S ratio amounts to 66.51. Its return on asset (ROA) is -130.01% on average.
