What is the upside for hExo Inc (hExo)?
Their forecasts range from $0.53 to $10.00. On average, they expect HEXO's stock price to reach $5.20 in the next twelve months. This suggests a possible upside of 821.6% from the stock's current price.
Should you buy or sell hExo stock?
The consensus among Wall Street research analysts is that investors should "hold" HEXO stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HEXO, but not buy additional shares or sell existing shares. View analyst ratings for HEXO or view top-rated stocks.
What happened to hExo?
Canadian cannabis company Hexo Corp. said Monday it has received notification from the Nasdaq exchange that it is not in compliance with minimum bid price requirements, after the stock traded below $1 for 30 straight trad... Jan. 31, 2022 at 6:43 a.m. ETby Ciara Linnane
What is the hExo brand?
HEXO Corp. is a consumer packaged goods cannabis company, which creates and distributes products to serve the global cannabis market. It serves the Canadian adult-use markets under its HEXO Cannabis, HEXO Plus, Up Cannabis and Original Stash brands, and the medical market under HEXO medical cannabis.
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What is HEXO target price?
Stock Price Target HEXOHigh$0.39Median$0.19Low$0.12Average$0.22Current Price$0.24
Is HEXO a Buy Sell or Hold?
For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows
How many shares of HEXO are there?
Share StatisticsAvg Vol (3 month) 32.09MShares Outstanding 5601.4MImplied Shares Outstanding 6N/AFloat 8440.87M% Held by Insiders 12.73%7 more rows
Is HEXO publicly traded?
Stocks in play: HEXO Corp Announced that the previously announced transfer of its stock exchange listing to the NASDAQ Capital ...
Is HEXO expected to go up?
The 8 analysts offering 12-month price forecasts for Hexo Corp have a median target of 0.19, with a high estimate of 0.39 and a low estimate of 0.12. The median estimate represents a +3.20% increase from the last price of 0.19.
Does HEXO stock pay dividends?
HEXO does not currently pay a dividend.
Does HEXO sell in USA?
We manufacture and sell CBD Powered by HEXO® products in 17 states in the U.S. in partnership with Molson Coors and have taken HEXO international with our medical cannabis product offerings. On June 1, 2021, we completed the acquisition of Zenabis Global Inc.
Why is HEXO dropping today?
Shares of struggling Canadian cannabis grower Hexo (HEXO 1.57%) plunged after the company reported its earnings results from the fiscal second quarter of 2022 today. After an initial drop of nearly 10% early Friday morning, the stock staged a bit of a recovery.
Who owns HEXO?
Gables Capital Management Inc.
What brands does HEXO own?
HEXO serves the Canadian recreational market with a brand portfolio including HEXO, Redecan, UP Cannabis, Namaste, Original Stash, 48North, Trail Mix, Bake Sale, RE-UP and Latitude brands and the medical market under HEXO medical cannabis.
Is HEXO Corp legit?
HEXO Reviews FAQs Is HEXO a good company to work for? HEXO has an overall rating of 2.7 out of 5, based on over 79 reviews left anonymously by employees. 25% of employees would recommend working at HEXO to a friend and 21% have a positive outlook for the business.
When did HEXO Corp go public?
The Company completed a dual U.S. stock exchange listing on the NYSE American LLC (the "NYSE-A") in January 2019 and the Common Shares commenced trading on the NYSE-A under the symbol "HEXO" on January 23, 2019.
Should I buy or sell HEXO stock right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HEXO in the last year. There are currently 1 sell rating...
What is HEXO's stock price forecast for 2022?
6 brokers have issued 12-month target prices for HEXO's stock. Their forecasts range from C$0.64 to C$7.50. On average, they expect HEXO's share pr...
How has HEXO's stock price performed in 2022?
HEXO's stock was trading at C$0.88 at the beginning of the year. Since then, HEXO stock has decreased by 63.1% and is now trading at C$0.33. View...
When is HEXO's next earnings date?
HEXO is scheduled to release its next quarterly earnings announcement on Monday, June 13th 2022. View our earnings forecast for HEXO .
Who are HEXO's key executives?
HEXO's management team includes the following people: Mr. Roch Vaillancourt , Gen. Counsel Mr. Charlie Bowman , Acting Pres & CEO Mr. Julius Iva...
Who are some of HEXO's key competitors?
Some companies that are related to HEXO include Aurora Cannabis (ACB) , Amryt Pharma (AMYT) , HLS Therapeutics (HLS) , OrganiGram (OGI) , Benc...
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) , Aurora...
What is HEXO's stock symbol?
HEXO trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HEXO."
How do I buy shares of HEXO?
Shares of HEXO and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadia...
Who is the CEO of Hexo?
Is Vertical Wellness publicly traded?
OTTAWA, Oct. 20, 2021 (GLOBE NEWSWIRE) -- HEXO Corp ("HEXO" or the "Company") (TSX: HEXO; NASDAQ: HEXO) is pleased to announce Scott Cooper as HEXO's new President & CEO, effective immediately. Scott joins HEXO from Truss Beverage Co., a joint venture between Molson-Coors Canada and HEXO, where he served as President & CEO. "It's my great pleasure to welcome Scott as our new President & CEO,” said Dr. Michael Munzar, Chairman of HEXO's Board of Directors. “Scott's two decades of experience in co
Is Hexo a class action?
It took longer than expected -- two years longer -- but Vertical Wellness, a company specializing in cannabinoid-based wellness and health products, is finally going public via a merger with Canafarma Hemp Products Corp., in a deal that will make it the first house of CBD brands to be publicly traded.
The Week In Cannabis: House Approves Banking Bill, Stocks Surge, Mississippi Legalizes Medical, M&A, Hexo's Troubles And More
OTTAWA, June 09, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) announced today that it has won a dismissal of the securities class action pending in the Commercial Division of the Supreme Court of the State of New York, New York County. As previously disclosed, HEXO and certain of its current and former officers and directors were named in shareholder class action lawsuits filed in the Southern District of New York; the Commercial Division of the Supreme C
5 Marijuana Penny Stocks To Invest In Right Now
Below is a recap of the main news related to the cannabis industry and markets for the week of January 31st, 2022. Contents
What is hexo cannabis?
As marijuana becomes legalized in more places throughout the world, these companies are in the position to grow.
Where does hexo trade?
The company offers its adult-use and medical products under the HEXO brand name. Additionally, it offers cannabis beverages under the Little Victory, House of Terpenes, Mollo, Veryvell, and XMG brand; and cannabis products under Original Stash and Up brand names. The company was formerly known as The Hydropothecary Corporation and changes its name to HEXO Corp. in August 2018. HEXO Corp. was founded in 2013 and is headquartered in Kanata, Canada.
What is the consensus rating for Hexo?
HEXO trades on the Toronto Stock Exchange (TSX) under the ticker symbol "HEXO."
Why can't you calculate the PEG ratio of a hexo?
HEXO has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and 2 sell ratings.
Does Hexo pay dividends?
Due to a projected decrease in earnings for HEXO, their PEG ratio cannot be calculated.
