Incannex Healthcare Inc (NASDAQ: IXHL) kicked off on Friday, up 10.27% from the previous trading day, before settling in for the closing price of $0.4. Over the past 52 weeks, IXHL has traded in a range of $0.08-$2.25.
Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -136.48%. While this was happening, its average annual earnings per share was recorded 97.08%. With a float of $342.86 million, this company’s outstanding shares have now reached $347.71 million.
Incannex Healthcare Inc (IXHL) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Incannex Healthcare Inc is 0.97%, while institutional ownership is 1.07%.
Incannex Healthcare Inc (IXHL) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -0.52 earnings per share (EPS), higher than consensus estimate (set at -0.68) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 97.08% per share during the next fiscal year.
Incannex Healthcare Inc (NASDAQ: IXHL) Trading Performance Indicators
Take a look at Incannex Healthcare Inc’s (IXHL) current performance indicators. Last quarter, stock had a quick ratio of 47.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15161.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.08, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Incannex Healthcare Inc (IXHL)
Compared to the last year’s volume of 53.99 million, its volume of 17.14 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 43.40%.
During the past 100 days, Incannex Healthcare Inc’s (IXHL) raw stochastic average was set at 22.10%, which indicates a significant decrease from 57.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0467 in the past 14 days, which was lower than the 0.0512 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3757, while its 200-day Moving Average is $0.4501. Nevertheless, the first resistance level for the watch stands at $0.4692 in the near term. At $0.5005, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.5320. If the price goes on to break the first support level at $0.4064, it is likely to go to the next support level at $0.3749. Now, if the price goes above the second support level, the third support stands at $0.3436.
Incannex Healthcare Inc (NASDAQ: IXHL) Key Stats
The company with the Market Capitalisation of 151.61 million has total of 346,225K Shares Outstanding. Its annual sales at the moment are 90 K in contrast with the sum of -46,890 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -6,410 K.
