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Incannex Healthcare Inc. (IXHL)

Healthcare | Drug Manufacturers - Specialty & Generic | Sydney, Australia | NasdaqCM
3.65 USD +0.04 (1.108%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 3.59 -0.06 (-0.059%) ⇩ (April 17, 2026, 7:48 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 4 p.m. EDT

IXHL exhibits a highly volatile price pattern with a significant drop from its 52-week high of $49.8 to its current price of $3.12. The recent price history shows erratic fluctuations, with a notable decline in the last few weeks. The stock's high beta of 2.726 indicates it is significantly more volatile than the market, which makes it a risky short-term investment. The recent news about a reverse stock split and short interest growth may have contributed to the price instability. Additionally, the negative forward and trailing earnings per share suggest poor financial performance, which could be a red flag for long-term investors. With no dividend history, the stock is not attractive to income-focused investors. The forecasting model's negative predicted direction indicates a potential further decline in the short term, which makes it a poor candidate for short-term trading. Overall, the stock appears to be a high-risk investment with no clear momentum or yield potential.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.742435
AutoETS0.758617
AutoTheta0.761179
MSTL0.769635

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 41%
H-stat 36.22
Ljung-Box p 0.000
Jarque-Bera p 0.068
Excess Kurtosis -1.68
Attribute Value
Sector Healthcare
Debt to Equity Ratio 0.222
Market Cap 51,003,876
Forward P/E -1.86
Beta 2.73
Previous Name Incannex Healthcare Limited
Website https://www.incannex.com

Info Dump

Attribute Value
52 Week Change -0.79378533
Address1 8 Century Circuit
Address2 Suite 105 Norwest
All Time High 11,528.4
All Time Low 2.4
Ask 3.67
Ask Size 1
Average Daily Volume10 Day 497,820
Average Daily Volume3 Month 496,815
Average Volume 496,815
Average Volume10Days 497,820
Beta 2.726
Bid 3.61
Bid Size 1
Book Value 6.13
City Sydney
Compensation As Of Epoch Date 1,767,139,200
Country Australia
Crypto Tradeable 0
Currency USD
Current Price 3.65
Current Ratio 48.273
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 3.8081
Day Low 3.58
Debt To Equity 0.222
Display Name Incannex Healthcare
Earnings Timestamp End 1,747,310,403
Earnings Timestamp Start 1,747,310,403
Ebitda -25,382,000
Ebitda Margins 0.0
Enterprise To Ebitda 0.99
Enterprise Value -25,140,264
Eps Forward -1.96
Eps Trailing Twelve Months -22.2
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.7368
Fifty Day Average Change -1.0868001
Fifty Day Average Change Percent -0.2294376
Fifty Two Week Change Percent -79.37853
Fifty Two Week High 49.8
Fifty Two Week High Change -46.149998
Fifty Two Week High Change Percent -0.9267068
Fifty Two Week Low 2.4
Fifty Two Week Low Change 1.25
Fifty Two Week Low Change Percent 0.5208333
Fifty Two Week Range 2.4 - 49.8
Financial Currency USD
First Trade Date Milliseconds 1,646,231,400,000
Float Shares 10,689,442
Forward Eps -1.96
Forward P E -1.862245
Free Cashflow -9,415,000
Full Exchange Name NasdaqCM
Full Time Employees 12
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits 0
Has Pre Post Market Data 1
Held Percent Insiders 0.10564
Held Percent Institutions 0.02892
Implied Shares Outstanding 13,973,664
Industry Drug Manufacturers - Specialty & Generic
Industry Disp Drug Manufacturers - Specialty & Generic
Industry Key drug-manufacturers-specialty-generic
Ipo Expected Date 2,022-02-25
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,751,241,600
Last Split Date 1,772,150,400
Last Split Factor 1:30
Long Business Summary Incannex Healthcare Inc., a clinical-stage biopharmaceutical company, engages in the research and development 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 is in 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 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.
Long Name Incannex Healthcare Inc.
Market us_market
Market Cap 51,003,876
Market State CLOSED
Max Age 86,400
Message Board Id finmb_325166139
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-18
Net Income To Common -48,500,000
Next Fiscal Year End 1,782,777,600
Non Diluted Market Cap 51,003,869
Open 3.75
Operating Cashflow -18,426,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 61 4 0984 0786
Post Market Change -0.05920005
Post Market Change Percent -1.621919
Post Market Price 3.5908
Post Market Time 1,776,469,737
Prev Name Incannex Healthcare Limited
Previous Close 3.61
Price Hint 4
Price To Book 0.5954323
Price To Sales Trailing12 Months Infinity
Profit Margins 0.0
Quick Ratio 47.963
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0400002
Regular Market Change Percent 1.10804
Regular Market Day High 3.8081
Regular Market Day Low 3.58
Regular Market Day Range 3.58 - 3.8081
Regular Market Open 3.75
Regular Market Previous Close 3.61
Regular Market Price 3.65
Regular Market Time 1,776,456,001
Regular Market Volume 503,550
Return On Assets -0.36958
Return On Equity -1.30427
Revenue Per Share 0.0
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 13,973,663
Shares Percent Shares Out 0.0583
Shares Short 814,576
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 842,808
Short Name Incannex Healthcare Inc.
Short Percent Of Float 0.0589
Short Ratio 1.09
Source Interval 15
State NSW
Symbol IXHL
Total Cash 68,900,000
Total Cash Per Share 5.768
Total Debt 163,000
Total Revenue 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -22.2
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.2699
Two Hundred Day Average Change -7.6199
Two Hundred Day Average Change Percent -0.67612845
Type Disp Equity
Volume 503,550
Website https://www.incannex.com
Zip 2,153