Incannex Healthcare Inc [NASDAQ: IXHL] plunged by -$0.01 during the normal trading session on while it closed the day at $0.21.
Incannex Healthcare Inc stock has also gained 3.96% of its value over the past 7 days. However, IXHL stock has declined by -83.46% in the 3 months of the year. Over the past six months meanwhile, it has lost -89.37% and lost -90.09% year-on date.
The market cap for IXHL stock reached $15.28 million, with 17.79 million shares outstanding. Compared to the average trading volume of 46.44M shares, IXHL reached a trading volume of 21334247 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Incannex Healthcare Inc [IXHL]:
The Average True Range (ATR) for Incannex Healthcare Inc is set at 0.11, with the Price to Sales ratio for IXHL stock in the period of the last 12 months amounting to 152.80. The Price to Book ratio for the last quarter was 0.50, with the Price to Cash per share for the same quarter was set at 0.11.
IXHL stock trade performance evaluation
Incannex Healthcare Inc [IXHL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.96. With this latest performance, IXHL shares gained by 42.08% in over the last four-week period, additionally sinking by -89.37% over the last 6 months – not to mention a drop of -92.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IXHL stock in for the last two-week period is set at 44.41, with the RSI for the last a single of trading hit 45.84, and the three-weeks RSI is set at 42.70 for Incannex Healthcare Inc [IXHL]. The present Moving Average for the last 50 days of trading for this stock 0.4463, while it was recorded at 0.2296 for the last single week of trading, and 1.4632 for the last 200 days.
Incannex Healthcare Inc [IXHL]: An insightful look at the core fundamentals
Incannex Healthcare Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.12 and a Current Ratio set at 2.12.
