HEXO Corp. (HEXO) |
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1.62 -0.16 (-8.99%)
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01-17 16:02 |
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Open: |
1.67 |
Pre. Close: |
1.78 |
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High:
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1.75 |
Low:
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1.57 |
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Volume:
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10,678,792 |
Market Cap:
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415M |
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HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. It offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product. The company offers its adult-use and medical products under the HEXO brand name. HEXO Corp. is headquartered in Gatineau, Canada. |
Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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1.752 - 1.761 |
1.761 - 1.769 |
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Low:
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1.558 - 1.57 |
1.57 - 1.579 |
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Close:
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1.603 - 1.62 |
1.62 - 1.635 |
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Technical analysis |
as of: 2020-01-17 4:36:51 PM |
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Overall:
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| Stoxline posted a BUY today, same as yesterday. Upward movement continues. |
| Target: |
Six months: 2.22  One year: 2.69 |
| Support: |
Support1: 1.25 Support2: 1.04 |
| Resistance: |
Resistance1: 1.90 Resistance2: 2.30 |
| Pivot: |
1.56  |
| Moving Average: |
MA(5): 1.67 MA(20): 1.64
MA(100): 2.70 MA(250): 4.57 |
| MACD: |
MACD(12,26): -0.11 Signal(9): -0.15 |
| Stochastic oscillator: |
%K(14,3): 65.75 %D(3): 61.52 |
| RSI: |
RSI(14): 45.77 |
| 52-week: |
High: 8.40 Low: 1.25 Change(%): -77.2 |
| Average Vol(K): |
3-Month: 625118 10-Days: 909322 |
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Price, moving averages and Bollinger Bands |
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Price and moving averages has closed above its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.HEXO has closed below upper band by 38.2%. Bollinger Bands are 43.9% narrower than normal. The narrow width of the bands suggests low volatility as compared to HEXO's normal range. The bands have been in this narrow range for 1 bars. This is a sign that the market may be about to initiate a new trend. |
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Headline News |
2020-01-17
Hexo Shares Fall On News Of $20M Registered Direct Offering
HEXO Corp (TSX: HEXO) (NYSE: HEXO ) announced Friday it has signed a definitive agreement with institutional investors for the purchase and sale of 11.98 million common shares at a price of $1.67 per share for gross proceeds of $20 million before fees and other costs. The company will issue to the investors common share purchase warrants with a five-year term to buy 5.99 million Hexo common shares at an exercise price of $2.46 per share. The sole placement agent for the offering … Full story available on Benzinga.com
2020-01-16
Is HEXO Stock a Buy After Restated Earnings?
HEXO’s (TSX:HEXO)(NYSE:HEXO) restated financial results change some significant fundamentals for the stock, but should you buy the rebound?
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Financial Analysis |
| Growth |
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| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
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| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
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| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
NA |
| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Click here to get more fundamental analysis.
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