Incannex Healthcare Inc (NASDAQ:IXHL) currently has a daily average trading volume of 46.26M but it saw 55351811 shares traded in last market. With a market cap of 16.01M USD, the company’s current market price of $0.22 came falling about -4.39 while comparing to the previous closing price of $0.23. 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.
Over the week, IXHL’s stock price is moving -2.65% down while it is 44.83% when we observe its performance for the past one month. Year-to-date it is -89.62% down and over the past year, the stock is showing a downside performance of -92.09%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $312k as analysts are expecting the sales for current fiscal year at $312k and seeing the company making $1.09M in sales next year. Moreover, analysts are in estimates of $312k for current-quarter revenue.
Currently, Incannex Healthcare Inc’s total number of outstanding shares is 72.76M with 26.14% of that held by the insiders while 8.29% 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 2.53. Stock has a price to book (P/B) ratio of 0.53 while price to sale or P/S ratio amounts to 160.07. Its return on asset (ROA) is -130.01% on average.
