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Incannex Healthcare Limited American Depositary Shares

IXHL | US

4.03

USD

0.24

6.33%

IXHL | US
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About Incannex Healthcare Limited American Depositary Shares

Sector

June

Industry

June

Earnings date

30/06/2024

As of date

24/04/2026

Close

4.03

Open

3.80

High

4.06

Low

3.63

Incannex Healthcare Limited engages in the research development and sale of medicinal cannabinoid and psychedelic pharmaceutical products and therapies in Australia. It offers APIRx-1801 an ultrapure tetrahydrocannabinol; APIRx-1802 an ultrapure CBD; and APIRx-1803 an ultrapure cannabigerol. The company also develops IHL-42X which has completed Phase IIa clinical trial for obstructive sleep apnea; Psi-GAD that is in Phase IIa clinical trial for generalized anxiety disorder; MedChew Dronabinol which has completed Phase Ia clinical trial for nausea and vomiting in chemotherapy; CanChew Plus that has completed Phase IIa clinical trial for irritable bowel syndrome; APIRx-1601 which has completed Phase IIa clinical trial for vitiligo; APIRx-1602 that has completed Phase IIa clinical trial for psoriasis; and APIRx-1603 which has completed Phase IIa clinical trial for atopic dermatitis. In addition its product portfolio includes IHL-675A for inflammatory lung disease IHL-675A for rheumatoid arthritis IHL-675A for inflammatory bowel disease and IHL-216A for traumatic brain injury/concussion which have completed pre-clinical trials; and MedChew 1401 for pain and spasticity in multiple sclerosis MedChew GB for post-herpatic neuralgia MedChew-1502 for Parkinson's disease MedChew-1503 for dementia MedChew RL for restless legs syndrome APIRx 1505 Flotex for chrohn's disease CanChew RX and SuppoCan (Suppository) for inflammatory bowel disease CheWell for addiction of cannabis CanQuit for tobacco smoking cessation CanQuit O for opioid addiction APIRx-1701 for glaucoma and APIRx-1702 for dry eye syndrome that are in pre-clinical trials. 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 Melbourne Australia.

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IXHL | US

Risk
106.5
Sharpe
-0.11
Luna's Score
51/100
Recommendation
Hold

Luna says (IXHL | US)

What's Working

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Strong Revenue Growth (> 10%)

What's not Working

High 6-Month Volatility (>65%)

Microcap (<300M USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

93.6%

1 month

106.5%

3 months

167.8%

6 months

134.6%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

3.71

Debt to equity

0.03

Debt to assets

0.02

Ent. to EBITDA

-5.13

Ent. to rev.

3.01K

PEG

-

Other Fundamentals

EBITDA

-18.50M

MarketCap

71.10M

MarketCap(USD)

71.10M

Div. yield

-

Op. margin

-53.83K

Erngs. growth

-

Rev. growth

29.60

Ret. on equity

-115.22

Short ratio

7.41

Short perc.

0.73

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

1.35

Range1M

1.75

Range3M

6.31

Volumes: Market Activity

Volume Averages

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Rel. volume

0.90

Price X volume

1.99M

Peers

Name
Ticker
Industry
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Day Return
PE Ratio
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No data

Diversifiers

Name
Ticker
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No data

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-5.13--
Ent. to Revenue3,012.67--
PE Ratio---
Price to Book3.71--
Dividend Yield---
Std. Deviation (3M)167.83--
Debt to Equity0.03--
Debt to Assets0.02--
Market Cap71.10M--
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