|Bid||9.04 x 0|
|Ask||9.05 x 0|
|Day's Range||9.02 - 9.28|
|52 Week Range||3.98 - 11.29|
|Beta (3Y Monthly)||4.64|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.69|
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.
NYSE-A: HEXO) is committed to food security for Outaouais residents. It is for this reason that HEXO has donated $20,000 to Moisson Outaouais to purchase fresh fruits and vegetables to be distributed to people in need. "Moisson Outaouais does a remarkable job for the people of the Outaouais region, both for the daily needs of the most disadvantaged and for those affected by unforeseen events, such as the recent spring floods," explains Terry Lake, Vice President, Corporate Social Responsibility at HEXO.
Canada's main stock index edged higher on Tuesday, following a three day slump, as upbeat comments from Washington and Beijing calmed nerves over a further escalation in their trade war, which has kept ...
Cannabis Sector Fell on CRON's Earnings and Trade Tensions(Continued from Prior Part)Sector declinesIn the week ending May 10, the overall market sentiment was pessimistic with the TSE Composite Index losing almost 1.2% The ETFMG Alternative Harvest
NYSE-A: HEXO) and Newstrike Brands Ltd. ("Newstrike") (HIP.V) are pleased to announce that they have received regulatory approval from the Canadian Competition Bureau by way of a no-action letter under the Competition Act (Canada) indicating that it does not intend to challenge the proposed arrangement between HEXO and Newstrike, whereby HEXO intends to acquire all of the issued and outstanding common shares of Newstrike by way of a plan of arrangement under the Business Corporations Act (Ontario) (the “Transaction”). Receipt of the letter satisfies a key condition of the Transaction.
Cannabis Sector Extended Its Losses Last Week(Continued from Prior Part)Cannabis stocks fellLast week, most of the stocks in the cannabis sector ended lower. The Horizons Marijuana Life Sciences ETF (HMMJ) fell ~1.2%, while the ETFMG Alternative
Midday Update: How Cannabis Stocks Are Holding Up on May 3Cannabis stocks riseThe cannabis sector was on the rise in the first half of the day on May 3 after some major cannabis stocks received rating changes from Jefferies in the early morning.
ACB Trades Sideways ahead of Its Earnings ResultsAurora’s earnings The earnings season is here, and Aurora Cannabis (ACB) is expected to report its fiscal 2019 third-quarter earnings results on May 14. Ahead of Aurora’s earnings release,
NYSE-A: HEXO) today announced that the nomination of Steve Burwash as interim Chief Financial Officer. As previously disclosed by the Company in January 2019, the Company has been working on a transition plan with Mr. Chaplin since his departure was announced at that time, and has been undertaking a search process for Mr. Chaplin’s successor, seeking a candidate with global consumer packaged goods company experience.
Cannabis Stocks Continue to Struggle on the Last Day of AprilCannabis stocks struggleThe cannabis sector has continued to struggle on the last day of April, and it may very well end up in negative territory. This underperformance has been the theme
Valuation in the Cannabis Sector: An End-of-Month Update(Continued from Prior Part)HEXOHEXO (HEXO) has emerged as one of the cannabis sector’s best performers this year, returning ~123%. In April, one of the stock’s strongest months this year,
Valuation in the Cannabis Sector: An End-of-Month UpdateApril update The cannabis sector has struggled in April, with just a handful of major stocks staying positive. March was similar, with cannabis players largely moving sideways. Sign up
Canopy Growth Rises on New York Hemp Facility UpdateCanopy Growth risesCanopy Growth (WEED)(CGC) stock rose about 4% in the first half of April 29’s trading session after it provided an update on its hemp industrial park in New York. The company
Cannabis Sector: Analyzing the Biggest Gains Last Week(Continued from Prior Part)Canopy GrowthIn the week ending April 26, Canopy Growth (WEED) gained ~12% from the closing on April 18 to the closing on April 26. The stock has been making higher
HEXO Gains 6% amid Cannabis Sector DeclinesHEXO risesHEXO (HEXO) gained about 6% in the first half of the day early this morning after it was announced yesterday that Valens GroWorls (VGW) signed a multi-year extraction agreement with the company.