In last trading session, HEXO Corp. (NYSE:HEXO) saw 4,706,133 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.76 trading at -$0.01 or -1.84% at ring of the bell on the day assigns it a market valuation of $363.4 Million. That closing price of HEXO’s stock is at a discount of -296.05% from its 52-week high price of $3.01 and is indicating a premium of 54.47% from its 52-week low price of $0.346. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.86 Million shares which gives us an average trading volume of 7.42 Million if we extend that period to 3-months.
For HEXO Corp. (HEXO), analysts’ consensus is at an average recommendation of Underweight while assigning it a mean rating of 0. Splitting up the data highlights that, out of 14 analysts covering the stock, 5 rated the stock as a Sell while none recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 1 see the stock as a Buy. None analyst(s) advised it as an Underweight.
HEXO Corp. (NYSE:HEXO) trade information
In the face of being in the red today for losing -1.84%, in the last five days HEXO remained trading in the green while hitting it’s week-highest on Monday, Oct 12 when the stock touched $0.85 price level, adding 10.88% to its value on the day. HEXO Corp.’s shares saw a change of -52.36% in year-to-date performance and have moved 9.42% in past 5-day. HEXO Corp. (NYSE:HEXO) showed a performance of 8.21% in past 30-days. Number of shares sold short was 19.15 Million shares which calculate 2.58 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $0.91 to the stock, which implies a rise of 19.74% to its current value. Analysts have been projecting $0.57 as a low price target for the stock while placing it at a high target of $1.84. It follows that stock’s current price would jump +142.11% in reaching the projected high whereas dropping to the targeted low would mean a loss of -25% for stock’s current value.
HEXO Corp. (HEXO) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 0% while estimates for its earnings growth in next 5 years are of 0%