How to buy Incannex Healthcare stock

Incannex Healthcare is a drug manufacturers - specialty & generic business based in the US. Incannex Healthcare shares (IXHL.US) are listed on the NASDAQ and all prices are listed in US dollars. Its last market close was $2.28 – a decrease of 2.98% over the previous day. Incannex Healthcare employs 0 staff and has a trailing 12-month revenue of around $691,124.

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Is it a good time to buy Incannex Healthcare stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

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Frequently asked questions

• Does Incannex Healthcare pay dividends?

  We're not expecting Incannex Healthcare to pay a dividend over the next 12 months. Typically it's companies that have been around for longer that pay dividends (Incannex Healthcare had its IPO on 1 March 2022). However, you can browse other dividend-paying shares in our guide.

  You may also wish to consider:

  • Johnson-and-Johnson (JNJ.US) (3.23% dividend yield)
  • Pfizer (PFE.US) (6.54% dividend yield)

• What percentage of Incannex Healthcare is owned by insiders or institutions?

  Currently 21.535% of Incannex Healthcare shares are held by insiders and 6.392% by institutions.

• 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

• 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.

• How to sell Incannex Healthcare shares

  It's as easy to sell Incannex Healthcare as it is to buy! Here's how to sell Incannex Healthcare stocks that you already own.

  1. Open your investment app. If you've got one with desktop access, you can log in online
  2. Go to your portfolio. This should be in the main menu
  3. Find your shares. You may be able to search your portfolio
  4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
  5. Sell your Incannex Healthcare shares. Your investment platform will let you know when your shares are sold

• Can you buy Incannex Healthcare shares with a debit card?

  Most dealing providers will let you use your debit card to top up your account and buy shares. The main ways are with a debit card, bank transfer or with Apple/Google Pay.

• What's the easiest way to buy Incannex Healthcare shares?

  The easiest way to get hold of some Incannex Healthcare shares is to sign up for a stock trading app and place a market order or basic order. This type of order tells the platform that you're interested, so it'll try to execute it as quickly as it can. It could take some time for the order to go through, especially if there's a lot of volatility in Incannex Healthcare shares.

• What is the key financial information for Incannex Healthcare?

  Incannex Healthcare financials

  Revenue TTM	$691,124
  Gross profit TTM	$1 million
  Return on assets TTM	-17.69%
  Return on equity TTM	51.94%
  Profit margin	3107.79%
  Book value	$1.19
  Market capitalisation more info button	$37.8 million

  TTM: trailing 12 months