NASDAQ:HEXO - HEXO Stock Price, News, & Analysis

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$6.37 -0.42 (-6.19 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$6.37
Today's Range$6.28 - $6.80
52-Week Range$2.64 - $7.33
Volume4.75 million shs
Average Volume2.34 million shs
Market Capitalization$1.34 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
HEXO Corp., through its subsidiary, HEXO Operations Inc., produces, markets, and sells cannabis in Canada. The company offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product. It provides its products under the HEXO and Hydropothecary brand names. The company serves medical and adult-use markets. The company was formerly known as The Hydropothecary Corporation and changed its name to HEXO Corp. in August 2018. HEXO Corp. is headquartered in Gatineau, Canada.

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Industry, Sector and Symbol

Industry Drug Manufacturers - Specialty & Generic
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:HEXO
CUSIPN/A
CIKN/A
Phone844-406-1852

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$1.34 billion
Next Earnings Date6/12/2019 (Estimated)
OptionableOptionable

HEXO (NASDAQ:HEXO) Frequently Asked Questions

What is HEXO's stock symbol?

HEXO trades on the NASDAQ under the ticker symbol "HEXO."

When is HEXO's next earnings date?

HEXO is scheduled to release their next quarterly earnings announcement on Wednesday, June 12th 2019. View Earnings Estimates for HEXO.

What price target have analysts set for HEXO?

5 brokers have issued twelve-month price objectives for HEXO's stock. Their forecasts range from $7.00 to $12.00. On average, they anticipate HEXO's share price to reach $8.6667 in the next twelve months. This suggests a possible upside of 36.1% from the stock's current price. View Analyst Price Targets for HEXO.

What is the consensus analysts' recommendation for HEXO?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HEXO in the last year. There are currently 1 sell rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for HEXO.

What are Wall Street analysts saying about HEXO stock?

Here are some recent quotes from research analysts about HEXO stock:
  • 1. According to Zacks Investment Research, "HEXO Corp. is a consumer-packaged goods cannabis company. It creates and distributes products to serve the global cannabis market. HEXO Corp. is based in GATINEAU, Quebec. " (3/22/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "We initiate at Underperform; PT C$5.60. We think the market has taken the Molson deal as something more indicative of a stronger business than it is. Hexo has a robust medical base but seems ill prepared for solo success beyond that. For us, its stated targeted strategy of primarily being an ingredient provider for Fortune 500 reflects a lack of belief in going alone. If further deals don’t start coming in, or current ones bear fruit, the multiple is at risk." (2/25/2019)

Has HEXO been receiving favorable news coverage?

News stories about HEXO stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. HEXO earned a news impact score of -1.4 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.

Are investors shorting HEXO?

HEXO saw a decrease in short interest in February. As of February 28th, there was short interest totalling 3,303,931 shares, a decrease of 6.0% from the February 15th total of 3,516,465 shares. Based on an average trading volume of 2,780,285 shares, the days-to-cover ratio is presently 1.2 days. View HEXO's Current Options Chain.

Who are some of HEXO's key competitors?

What other stocks do shareholders of HEXO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HEXO investors own include Aurora Cannabis (ACB), Canopy Growth (CGC), Cronos Group (CRON), Aphria (APHA), Aurora Cannabis (ACB), OrganiGram (OGRMF), Green Organic Dutchman (TGODF), NVIDIA (NVDA), CannTrust (CTST) and Charlotte's Web (CWBHF).

Who are HEXO's key executives?

HEXO's management team includes the folowing people:
  • Mr. Sebastien G. St-Louis, Co-Founder, Pres, CEO & Director (Age 35)
  • Mr. Adam Miron, Co-founder, Chief Brand Officer & Director (Age 35)
  • Mr. Ed Chaplin, CFO & Corp. Sec. (Age 49)
  • Mr. James McMillan, VP of Bus. Devel. (Age 51)
  • Dr. Terence Lake DVM, Vice-Pres of Corp. & Social Responsibility

How do I buy shares of HEXO?

Shares of HEXO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is HEXO's stock price today?

One share of HEXO stock can currently be purchased for approximately $6.37.

How big of a company is HEXO?

HEXO has a market capitalization of $1.34 billion.

What is HEXO's official website?

The official website for HEXO is http://hexo.com.

How can I contact HEXO?

The company can be reached via phone at 844-406-1852.


MarketBeat Community Rating for HEXO (NASDAQ HEXO)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  7 (Vote Outperform)
Underperform Votes:  7 (Vote Underperform)
Total Votes:  14
MarketBeat's community ratings are surveys of what our community members think about HEXO and other stocks. Vote "Outperform" if you believe HEXO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HEXO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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