Incannex Healthcare Inc (NASDAQ: IXHL) is -87.74% lower on its value in year-to-date trading and has touched a low of $0.08 and a high of $3.55 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IXHL stock was last observed hovering at around $0.27 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.26, the stock is -15.15% and -52.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 220.76 million and changing -3.17% at the moment leaves the stock -83.15% off its SMA200. IXHL registered -91.50% loss for a year compared to 6-month loss of -91.03%.
The stock witnessed a -58.06% gain in the last 1 month and extending the period to 3 months gives it a -85.39%, and is 129.07% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 121.02% over the week and 37.69% over the month.
Incannex Healthcare Inc (IXHL) has around 9 employees, a market worth around $7.16M and $0.10M in sales. Profit margin for the company is -22186.73%. Distance from 52-week low is 225.00% and -92.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-289.64%).
The EPS is expected to shrink by -33.91% this year.
Incannex Healthcare Inc (IXHL) Top Institutional Holders
The shares outstanding are 27.55M, and float is at 22.98M with Short Float at 13.76%.
Incannex Healthcare Inc (IXHL) Insider Activity
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