Incannex Healthcare Inc (NASDAQ:IXHL) price on current trading day, rose 43.58% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.45.
A look at the stock’s price movement, the level at last check in today’s session was $1.01, moving within a range at $1.16 and $1.63. The beta value (5-Year monthly) was 2.468. Turning to its 52-week performance, $3.12 and $0.08 were the 52-week high and 52-week low respectively. Overall, IXHL moved 559.18% over the past month.
Incannex Healthcare Inc’s market cap currently stands at around $135.88 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-15.
Turning to the stock’s technical picture we see that short term indicators suggest on average that IXHL is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
IXHL’s current price about 244.73% and 376.21% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 94.44, while 7-day volatility ratio is 33.58% and 16.32% in the 30-day chart. Further, Incannex Healthcare Inc (IXHL) has a beta value of 3.08.
If we refocus on Incannex Healthcare Inc (NASDAQ:IXHL), historical trading data shows that trading volumes averaged 234.21 over the past 10 days and 100.25 million over the past 3 months. The company’s latest data on shares outstanding shows there are 93.70 million shares.
The 21.94% of Incannex Healthcare Inc’s shares are in the hands of company insiders while institutional holders own 0.65% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.11 million on 2025-06-30, giving us a short ratio of 0.11. The data shows that as of 2025-06-30 short interest in Incannex Healthcare Inc (IXHL) stood at 459.00002000000006 of shares outstanding, with shares short falling to 5.18 million registered in 2025-05-30. Current price change has pushed the stock -35.26% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the IXHL stock continues to rise going into the next quarter.
