HEXO Corp. [NYSE: HEXO] opened at $2.54 and closed at $2.54 a share within trading session on Nov 22, 2019. That means that the stock dropped by -13.39% compared to the closing price from a day before, when the stock touched $2.20.
Between the start and the closing of the latest trading session, HEXO Corp. [NYSE: HEXO] had 5.97 million shares being bought and sold. In the last three months, average trading volumes hovered around 4.61M shares. During the last week, volatility in the share price was set at 17.88%, which placed the metric for the last 30 days at 10.45%. The price of the stock additionally went down to $1.56 during that period and HEXO managed to take a rebound to $8.40 in the last 52 weeks.
HEXO Corp. [NYSE:HEXO]: Analyst Rating and Earnings
Its stock price has been found in the range of 1.56 to 8.40. This is compared to its latest closing price of $2.54.
Stay on the lookout for the next publication of this organization’s financial results for the quarter, which will be made public on Mon 27 Jan (In 66 Days).
Fundamental Analysis of HEXO Corp. [HEXO]
Now let’s turn to look at profitability: with a current Operating Margin for HEXO Corp. [HEXO] sitting at -259.59 and its Gross Margin at -32.49.
Turning to investigate this organization’s capital structure, HEXO Corp. [HEXO] has generated a Total Debt to Total Equity ratio of 4.30. Similarly, its Total Debt to Total Capital is 4.12, while its Total Debt to Total Assets stands at 3.79. Looking toward the future, this
What about valuation? This company’s Enterprise Value to EBITDA is -3.97. The Enterprise Value to Sales for this firm is now 10.00, and its Total Debt to Enterprise Value stands at 0.03. HEXO Corp. [HEXO] has a Price to Book Ratio of 1.85.
Shifting the focus to workforce efficiency, HEXO Corp. [HEXO] earns $37,731 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 1.51 and its Total Asset Turnover is 0.08. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 4.19 and its Current Ratio is 5.97. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
HEXO Corp. [HEXO] has 256.98M shares outstanding, amounting to a total market cap of $652.73M. Its stock price has been found in the range of 1.56 to 8.40. At its current price, it has moved down by -73.81% from its 52-week high, and it has moved up 41.03% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 46.05. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is HEXO Corp. [HEXO] a Reliable Buy?
Shares of HEXO Corp. [HEXO], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.