|Bid||7.69 x 0|
|Ask||7.70 x 0|
|Day's Range||7.38 - 7.72|
|52 Week Range||3.98 - 11.29|
|Beta (3Y Monthly)||4.88|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.58|
On June 17, CIBC lowered its ratings for HEXO (HEXO) to "neutral" from its previous "outperform" rating. This move came after HEXO missed earnings expectations on June 12.
Investors sold off HEXO (HEXO) after the company reported lower-than-expected earnings on June 12. The stock has lost nearly 15% since then. After a sell-off, investors often ask whether it is a good time to buy more of the company's stock.
Weakness in the cannabis sector continued last week, especially after HEXO (HEXO) reported its earnings on June 12. HEXO's earnings largely disappointed the market, and the stock plunged almost 16% in the following days. HEXO's YTD returns stood at 59% as of June 14 despite the sell-off after its earnings.
NYSE-A: HEXO) is pleased to announce that its affiliate, HEXO MED S.A. (“HEXO MED”) has received a medical cannabis installation license. The license, issued by the Greek government, will allow HEXO MED to establish cultivation, processing and manufacturing facilities in the region of Thessaly, Greece. With HEXO Corp’s experience in the industry, HEXO MED is poised to become a leader in the European cannabis landscape.
CALGARY , June 13, 2019 /CNW/ - Inner Spirit Holdings Ltd. ("Inner Spirit" or the "Company") (ISH.CN), a Canadian company establishing a national network of adult-use cannabis stores under its Spiritleaf brand, is pleased to announce that it completed the second tranche of its previously announced cross-investment with Tilray, Inc. ("Tilray") (TLRY) and its wholly owned subsidiary High Park Holdings Ltd. ("High Park"). Pursuant to the terms of the investment agreement entered into in December 2018 , as amended, Tilray Inc. and Inner Spirit have exchanged shares valued at $1.5 million . "High Park has been a great strategic partner and partnerships like this enable our Company to grow the Spiritleaf retail brand and create value for investors in Canada's adult-use cannabis market.
Key highlights of third quarter of 2019 fiscal year HEXO remains on-track ramping up to $400 million net revenue in fiscal 2020 and to double net revenue in Q4 fiscal.
GATINEAU, Quebec, June 10, 2019 -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE-A: HEXO) will release its financial results for the third quarter fiscal 2019 ended.
CALGARY , June 7, 2019 /CNW/ - Inner Spirit Holdings Ltd. ("Inner Spirit" or the "Company") (ISH.CN), a Canadian company establishing a national network of retail cannabis stores under its Spiritleaf brand, is pleased to announce that it has received a retail cannabis store licence from Alberta Gaming, Liquor and Cannabis (the "AGLC") for a wholly-owned corporate retail cannabis store in Edmonton's celebrated arts and cultural community of Old Strathcona, located on Whyte Avenue. This follows last week's announcement that the Company received its first retail cannabis store licence for a corporate location in Calgary's downtown Beltline district, with both stores anticipated to open in June 2019 .
CALGARY , May 30, 2019 /CNW/ - Inner Spirit Holdings Ltd. ("Inner Spirit" or the "Company") (ISH.CN) today announced that it has received a retail cannabis store licence from Alberta Gaming, Liquor and Cannabis (the "AGLC") for its first corporate wholly-owned retail cannabis store located in the heart of Calgary's Beltline district, which is expected to open in June 2019 . The Company has also filed its Interim Financial Statements and corresponding Management's Discussion and Analysis for the quarter ended March 31, 2019 . The filings are available for review on the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.innerspiritholdings.com.
A handful of components have carved bullish patterns despite these headwinds, exhibiting resilience that predicts higher prices once the broad market stabilizes and finds a trading floor. Market players can find these top performers by sorting a small-cap or low-priced stock list by relative positioning above the 200-day exponential moving average (EMA).
TORONTO, May 28, 2019 -- On May 24, 2019, HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE-A: HEXO) and Newstrike Brands Ltd. (“Newstrike”) announced that they completed.
NYSE-A: HEXO) is formalizing its US presence with the appointment of Michael Monahan as Chief Financial Officer (CFO) and the establishment of HEXO USA Inc. HEXO Corp is creating innovative, easy-to-use, branded products that which will offer consumers consistent cannabis experiences. “I have been touring the US to meet with current and potential investors and to tell the HEXO story.
Cannabis Stocks Continued to Drift Lower Last Week(Continued from Prior Part)Cannabis stocks dragged downLast week, cannabis stocks were trading largely in the negative territory, with just a handful of stocks experiencing positive momentum.Emerald
NYSE-A: HEXO) and Newstrike Brands Ltd. ("Newstrike") (HIP.V) are pleased to announce that they have completed the previously announced arrangement (the "Arrangement"), pursuant to which HEXO has acquired all of the issued and outstanding common shares of Newstrike (the “Newstrike Shares”) by way of a plan of arrangement under the Business Corporations Act (Ontario). “Today, our company begins the next phase of its great adventure,” said Sebastien St-Louis, CEO and co-founder of HEXO.
HEXO's Target Price Gets an Upgrade in May(Continued from Prior Part)HEXO’s valuationHEXO closed at 8.9 Canadian dollars on May 23, far from 7.8 Canadian dollars at the beginning of the year. With a return of more than 80%, the stock has received
HEXO's Target Price Gets an Upgrade in MayHEXO has outperformedInvestors closely following the cannabis industry know that HEXO (HEXO) is one of the best-performing stocks in the sector. The company has returned ~87% since the start of this year,
How Do Cannabis Stocks' Valuations Stack Up in May?(Continued from Prior Part)Forward EV-to-EBITDAEBITDA (earnings before interest, tax, depreciation, and amortization), a measure of core earnings for a company, has been in the red for most cannabis
How Do Cannabis Stocks' Valuations Stack Up in May?(Continued from Prior Part)HEXOHEXO (HEXO) has been a star stock within the cannabis sector with returns of almost 96% YTD as of the date of this writing. In comparison, the Horizons Marijuana Life
How Do Cannabis Stocks' Valuations Stack Up in May?(Continued from Prior Part)Investing in the cannabis sectorThe cannabis sector has had its ups and downs in the past month. The trend has mostly been flat to downwards-trending for most of the
NYSE-A: HEXO) is further strengthening its leadership team by appointing Donald Courtney as Chief Operating Officer. “I am really pleased to welcome Donald to our leadership team,” said HEXO Corp CEO and co-founder Sebastien St-Louis.
Aphria Stock Rises on Cultivation License in Germany(Continued from Prior Part)Cannabis stocks gainToday, the cannabis sector was making positive moves after last week was fraught with pessimism due to trade tensions. HEXO (HEXO) was up 1.3% while
If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can significantly...
GATINEAU, Quebec, May 16, 2019 -- HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE-A: HEXO) and the Ottawa Food Bank are pleased to collaborate to provide better access to.