stoxline Quote Chart Rank Option Currency Glossary
Incannex Healthcare Limited (IXHL)
7.03  0.26 (3.84%)    12-07 09:38
Open: 6.93
High: 7.0672
Volume: 9,486
Pre. Close: 6.77
Low: 6.9201
Market Cap: 11,157(M)
Technical analysis
2023-12-06 4:22:21 PM
Short term     
Mid term     
Targets 6-month :  14.81 1-year :  17.29
Resists First :  12.68 Second :  14.81
Pivot price 3.02
Supports First :  5.33 Second :  0.8
MAs MA(5) :  7.17 MA(20) :  2.53
MA(100) :  1.58 MA(250) :  2.1
MACD MACD :  1.5 Signal :  0.7
%K %D K(14,3) :  56.9 D(3) :  53.5
RSI RSI(14): 65.9
52-week High :  12.68 Low :  0.8
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ IXHL ] has closed below upper band by 18.9%. Bollinger Bands are 1365.8% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 4 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 9 - 9.05 9.05 - 9.09
Low: 6.43 - 6.47 6.47 - 6.5
Close: 6.7 - 6.77 6.77 - 6.83
Company Description

Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid products in Australia. It offers pharmaceutical grade cannabinoid products under the Incannex brand name. The company's products include IHL-42X, which is in Phase II clinical trials for obstructive sleep apnea; IHL-216A for traumatic brain injury; and IHL-675A, a combination of hydroxychloroquine and cannabidiol for the prevention and treatment of inflammatory lung conditions, such as acute respiratory distress syndrome, chronic obstructive pulmonary disease, asthma, and bronchitis, as well as rheumatoid arthritis and inflammatory bowel diseases. It has partnership with The Alfred Hospital and Novotech on IHL-42X clinical program for obstructive sleep apnea; and Monash Trauma Group at the Department of Neuroscience, Monash University to conduct a study on the protective effect of IHL-216A in sports concussion. The company was formerly known as Impression Healthcare Limited and changed its name to Incannex Healthcare Limited in June 2020. Incannex Healthcare Limited was incorporated in 2001 and is based in Sydney, Australia.

Headline News

Wed, 06 Dec 2023
Does Incannex Healthcare Ord Shs (IXHL) Have What it Takes to be in Your Portfolio Wednesday? - InvestorsObserver

Wed, 06 Dec 2023
What's Driving Incannex Healthcare Inc's Surprising 519% Stock Rally? -

Fri, 01 Dec 2023
What's Driving Incannex Healthcare Inc's Surprising 451% Stock Rally? -

Wed, 29 Nov 2023
Incannex Healthcare Announces Completion of its Redomiciliation to the United States - GlobeNewswire

Fri, 17 Nov 2023
Incannex Healthcare to appoint Computershare as Nasdaq transfer agent/registrar - Proactive Investors Australia

Thu, 16 Nov 2023
Federal Court of Australia Approves Incannex's Re-Domiciliation and Lodgement of Court Orders With ASIC - Yahoo Finance

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Stock Basics & Statistics
Drug Manufacturers—Specialty & Generic
Shares Out 63 (M)
Shares Float 1,220 (M)
Held by Insiders 0 (%)
Held by Institutions 0 (%)
Shares Short 8 (K)
Shares Short P.Month 24 (K)
Stock Financials
EPS -0.87
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 0.05
Profit Margin 0 %
Operating Margin -895.8 %
Return on Assets (ttm) -17.5 %
Return on Equity (ttm) -33.3 %
Qtrly Rev. Growth 29.6 %
Gross Profit (p.s.) 0.01
Sales Per Share 0.01
EBITDA (p.s.) -0.28
Qtrly Earnings Growth 0 %
Operating Cash Flow -16 (M)
Levered Free Cash Flow -8 (M)
Stock Valuations
PE Ratio -7.88
PEG Ratio 0
Price to Book value 135.39
Price to Sales 425.5
Price to Cash Flow -26.97
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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