HEXO Corp. (NYSE:HEXO) has a beta value of 0 and has seen 3,061,993 shares traded in the recent trading session. The company, currently valued at $316.3 Million, closed the recent trade at $0.7 per share which meant it lost $0 on the day or -0.5% during that session. The HEXO stock price is -600% off its 52-week high price of $4.9 and 50.57% 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 8.14 Million shares traded. The 3-month trading volume is 18.36 Million shares.
The consensus among analysts is that HEXO Corp. (HEXO) is an Underweight stock at the moment, with a recommendation rating of 0. 5 analysts rate the stock as a Sell, while none rate it as Overweight. 9 out of 15 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
Despite being -0.5% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Aug 10 when the HEXO stock price touched $0.7272 or saw a rise of 2.76%. Year-to-date, HEXO Corp. shares have moved -55.53%, while the 5-day performance has seen it change 0.65%. Over the past 30 days, the shares of HEXO Corp. (NYSE:HEXO) have changed -5.72%. Short interest in the company has seen 33.46 Million shares shorted with days to cover at 1.82.
Wall Street analysts have a consensus price target for the stock at $0.92, which means that the shares’ value could jump 31.43% from current levels. The projected low price target is $0.55 while the price target rests at a high of $1.84. In that case, then, we find that the current price level is +162.86% off the targeted high while a plunge would see the stock lose -21.43% from current levels.
HEXO Corp. (HEXO) estimates and forecasts
Over the next 5 years, the company’s earnings are expected to increase by 0%.