Incannex Healthcare Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered undervalued, ranking 129/158 in the Pharmaceuticals industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend down.Despite a strong stock market performance over the past month, the company shows weak fundamentals and technicals, which don't support the current strong trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Incannex Healthcare Inc's Score
Industry at a Glance
Industry Ranking
129 / 158
Overall Ranking
465 / 4582
Industry
Pharmaceuticals
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
0.000
Target Price
0.00%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Incannex Healthcare Inc Highlights
StrengthsRisks
Incannex Healthcare Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing combination medicines that target the underlying biological pathways associated with chronic conditions, including obstructive sleep apnoea, rheumatoid arthritis, and generalized anxiety disorder. Its lead clinical program, IHL-42X, is an oral fixed-dose combination of dronabinol and acetazolamide designed to target underlying mechanisms and act synergistically in the treatment of obstructive sleep apnoea. IHL-42X has completed a Phase II clinical trial. PSX-001 is a synthetic psilocybin treatment for the treatment of generalized anxiety disorder. PSX-001 has completed a Phase II clinical trial. IHL-675A is an oral fixed-dose combination of cannabidiol and hydroxychloroquine sulfate designed to act synergistically to alleviate inflammatory conditions, such as rheumatoid arthritis. IHL-675A is in a Phase II clinical development program.
Growing
The company is in a growing phase, with the latest annual income totaling USD 86.00K.
Fairly Valued
The company’s latest PE is -0.41, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 3.21M shares, increasing 36.04% quarter-over-quarter.
Incannex Healthcare Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing combination medicines that target the underlying biological pathways associated with chronic conditions, including obstructive sleep apnoea, rheumatoid arthritis, and generalized anxiety disorder. Its lead clinical program, IHL-42X, is an oral fixed-dose combination of dronabinol and acetazolamide designed to target underlying mechanisms and act synergistically in the treatment of obstructive sleep apnoea. IHL-42X has completed a Phase II clinical trial. PSX-001 is a synthetic psilocybin treatment for the treatment of generalized anxiety disorder. PSX-001 has completed a Phase II clinical trial. IHL-675A is an oral fixed-dose combination of cannabidiol and hydroxychloroquine sulfate designed to act synergistically to alleviate inflammatory conditions, such as rheumatoid arthritis. IHL-675A is in a Phase II clinical development program.
Ticker SymbolIXHL
CompanyIncannex Healthcare Inc
CEOLatham (Joel)
Website
FAQs
What is the current price of Incannex Healthcare Inc (IXHL)?
The current price of Incannex Healthcare Inc (IXHL) is 0.454.
What is the symbol of Incannex Healthcare Inc?
The ticker symbol of Incannex Healthcare Inc is IXHL.
What is the 52-week high of Incannex Healthcare Inc?
The 52-week high of Incannex Healthcare Inc is 2.250.
What is the 52-week low of Incannex Healthcare Inc?
The 52-week low of Incannex Healthcare Inc is 0.080.
What is the market capitalization of Incannex Healthcare Inc?
The market capitalization of Incannex Healthcare Inc is 157.75M.
What is the net income of Incannex Healthcare Inc?
The net income of Incannex Healthcare Inc is -46.88M.
Is Incannex Healthcare Inc (IXHL) currently rated as Buy, Hold, or Sell?
According to analysts, Incannex Healthcare Inc (IXHL) has an overall rating of --, with a price target of --.
What is the Earnings Per Share (EPS TTM) of Incannex Healthcare Inc (IXHL)?
The Earnings Per Share (EPS TTM) of Incannex Healthcare Inc (IXHL) is -1.074.