How to buy Incannex Healthcare stock (Incannex Healthcare Limited)

Incannex Healthcare is a drug manufacturers - specialty & generic business based in the US. Incannex Healthcare shares (IXHL) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $1.75 – a decrease of 12.5% over the previous week. Incannex Healthcare employs 9 staff and has a trailing 12-month revenue of around $12,000.

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Incannex Healthcare stock price (NASDAQ: IXHL)

Use our graph to track the performance of IXHL stocks over time.

Incannex Healthcare shares at a glance

• Key figures

Information last updated 2024-12-19.

Latest market close	$1.75
52-week range	$1.50 - $8.47
50-day moving average more info button	$2.06
200-day moving average more info button	$2.44
Wall St. target price	N/A
PE ratio more info button	N/A
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$-1.36

Is it a good time to buy Incannex Healthcare stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Incannex Healthcare price performance over time

Historical closes compared with the close of $1.68 from 2024-12-23

1 week (2024-12-18)	-16.00%
1 month (2024-11-26)	-9.19%
3 months (2024-09-25)	-16.83%
6 months (2024-06-25)	-50.15%

1 year (2023-12-22)	-57.25%
2 years (2022-12-23)	-38.24%
3 years (2021-12-22)	N/A
5 years (2019-12-22)	N/A

Incannex Healthcare financials

Revenue TTM	$12,000
Gross profit TTM	$1 million
Return on assets TTM	-56.97%
Return on equity TTM	-115.22%
Profit margin	0%
Book value	$0.64
Market Capitalization more info button	$35.3 million

TTM: trailing 12 months

Incannex Healthcare share dividends

We're not expecting Incannex Healthcare to pay a dividend over the next 12 months.

You may also wish to consider:

• Johnson-and-Johnson (JNJ.US) (3.43% forward annual dividend yield)
• Pfizer (PFE.US) (6.64% forward annual dividend yield)

Have Incannex Healthcare's shares ever split?

Incannex Healthcare's shares were split on a 1:4 basis on 29 November 2023 . So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Incannex Healthcare shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Incannex Healthcare shares which in turn could have impacted Incannex Healthcare's share price.

Incannex Healthcare share price volatility

Over the last 12 months, Incannex Healthcare's shares have ranged in value from as little as $1.5 up to $8.4697. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Incannex Healthcare's is 2.212. This would suggest that Incannex Healthcare's shares are significantly more volatile than the average for this exchange and represent a higher risk.

To put Incannex Healthcare's beta into context you can compare it against those of similar companies.

• Moderna (MRNA.US): 1.69
• Johnson-and-Johnson (JNJ.US): 0.518
• Pfizer (PFE.US): 0.615

Incannex Healthcare overview

Incannex Healthcare Inc. , a clinical-stage biopharmaceutical company, engages in the research, development, manufacture, sale, and distribution of psychedelic medicines and therapies for patients with chronic diseases in Australia. The company develops IHL-42X, an oral fixed dose combination of dronabinol and acetazolamide that has completed Phase 2/3 clinical trial for the treatment of obstructive sleep apnea; and PSX-001, an oral synthetic psilocybin treatment in Phase 2b clinical development for patients with generalized anxiety disorder. It is also developing IHL-675A, an oral fixed dose combination drug containing synthetic cannabidiol and hydroxychloroquine sulphate in Phase 2 clinical trial to treat rheumatoid arthritis, as well as lung inflammation, acute respiratory disease, chronic obstructive pulmonary disease, asthma, bronchitis, inflammatory bowel disease, colitis, and Crohn's disease. Incannex Healthcare Inc. is headquartered in Sydney, Australia. .

Frequently asked questions

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What percentage of Incannex Healthcare is owned by insiders or institutions?
Currently 25.865% of Incannex Healthcare shares are held by insiders and 4.131% by institutions. How many people work for Incannex Healthcare?
Latest data suggests 9 work at Incannex Healthcare. When does the fiscal year end for Incannex Healthcare?
Incannex Healthcare's fiscal year ends in June. Where is Incannex Healthcare based?
Incannex Healthcare's address is: 8 Century Circuit, Sydney, NSW, Australia, 2153 What is Incannex Healthcare's ISIN number?
Incannex Healthcare's international securities identification number is: US45333L1061