HEXO Corp. (NYSE:HEXO) has a beta value of 1.73 and has seen 2,983,568 shares traded in the recent trading session. The company, currently valued at $300.85 Million, closed the recent trade at $0.74 per share which meant it lost $0 on the day or 0.63% during that session. The HEXO stock price is -627.03% off its 52-week high price of $5.38 and 53.24% above the 52-week low of $0.346. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.13 Million shares traded. The 3-month trading volume is 17.66 Million shares.
The consensus among analysts is that HEXO Corp. (HEXO) is an Underweight stock at the moment, with a recommendation rating of 0. 6 analysts rate the stock as a Sell, while none rate it as Overweight. 7 out of 14 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight.
HEXO Corp. (NYSE:HEXO) trade information
Sporting 0.57% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jun 24 when the HEXO stock price touched $0.765 or saw a rise of 5.1%. Year-to-date, HEXO Corp. shares have moved -54.34%, while the 5-day performance has seen it change -7.04%. Over the past 30 days, the shares of HEXO Corp. (NYSE:HEXO) have changed 14.71%. Short interest in the company has seen 22.43 Million shares shorted with days to cover at 1.27.
Wall Street analysts have a consensus price target for the stock at $0.81, which means that the shares’ value could jump 9.46% from current levels. The projected low price target is $0.25 while the price target rests at a high of $1.29. In that case, then, we find that the current price level is +74.32% off the targeted high while a plunge would see the stock lose -66.22% from current levels.
HEXO Corp. (HEXO) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +0% while over the next 5 years, the company’s earnings are expected to increase by 0%.