HEXO - HEXO Corp.

NYSE - Nasdaq Real Time Price. Currency in USD
2.2050
-0.0850 (-3.71%)
As of 11:24AM EST. Market open.
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Previous Close2.2900
Open2.2500
Bid2.1900 x 21500
Ask2.2000 x 29200
Day's Range2.1800 - 2.3000
52 Week Range1.5600 - 8.4000
Volume1811029
Avg. Volume5,059,039
Market Cap574M
Beta (3Y Monthly)4.70
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • ACCESSWIRE

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of ADTN, BAX and HEXO

    NEW YORK, NY / ACCESSWIRE / December 9, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. A class action has commenced on behalf of certain shareholders in ADTRAN, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) there were material weaknesses in the Company's internal control over financial reporting; (2) as a result, certain E&O reserves had been improperly reported; (3) as a result, the Company's financial results for certain periods were misstated; (4) there would be a pause in shipments to the Company's Latin American customer; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

  • GlobeNewswire

    HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages HEXO Corp. (HEXO) Investors with $500K+ Losses to Contact Firm; Application Deadline Approaching In Securities Fraud Suit

    Hagens Berman urges investors in HEXO Corp. (HEXO) who have suffered losses in excess of $500,000 to submit their losses now to learn if they qualify to recover their investment losses. Hagens Berman has filed a class action complaint against the Company and its senior executives and the application deadline for investors is fast approaching. According to the detailed Complaint filed by Hagens Berman, Defendants misled investors throughout the Class Period by making materially false and/or misleading statements, as well as failing to disclose material adverse facts about the Company’s business, operations, and prospects.

  • ACCESSWIRE

    IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against HEXO Corp. and Encourages Investors with Losses in Excess of $250,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / December 9, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against HEXO Corp. ("HEXO" or "the Company") (NYSE:HEXO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between January 25, 2019 and November 15, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 27, 2020.

  • ACCESSWIRE

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of CC, ACB and HEXO

    NEW YORK, NY / ACCESSWIRE / December 9, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...

  • ACCESSWIRE

    Bronstein, Gewirtz & Grossman, LLC Reminds of Class Action Against Aurora Cannabis Inc. (ACB), Baxter International Inc. (BAX) & HEXO Corp. (HEXO)

    NEW YORK, NY / ACCESSWIRE / December 9, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review ...

  • ACCESSWIRE

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of UNIT, ZEN and HEXO

    NEW YORK, NY / ACCESSWIRE / December 8, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

  • GlobeNewswire

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HEXO Corporation - HEXO

    NEW YORK, Dec. 06, 2019 -- Pomerantz LLP is investigating claims on behalf of investors of HEXO Corporation (“HEXO” or the “Company”) (NYSE: HEXO).  Such investors are advised.

  • ACCESSWIRE

    SHAREHOLDER ALERT: ADTN PLT HEXO: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / December 6, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a ...

  • Business Wire

    Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of HEXO Corp. Investors

    Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of HEXO Corp. Investors

  • ACCESSWIRE

    SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against HEXO Corp. and Encourages Investors with Losses in Excess of $250,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / December 6, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against HEXO Corp. ("HEXO" or "the Company") (NYSE:HEXO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between January 25, 2019 and November 15, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 27, 2020.

  • Business Wire

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of HEXO Corp. Investors

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of HEXO Corp. Investors

  • ACCESSWIRE

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of TIGR, GRUB and HEXO

    NEW YORK, NY / ACCESSWIRE / December 6, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Investors Affected : all persons and entities that purchased or otherwise acquired: (a) Fintech American Depository Shares pursuant and/or traceable to the Company's initial public offering conducted on or about March 20, 2019; or (b) Fintech securities between March 20, 2019 and May 16, 2019.

  • Business Wire

    Glancy Prongay & Murray LLP Announces Investigation on Behalf of HEXO Corp. Investors

    Glancy Prongay & Murray LLP Announces Investigation on Behalf of HEXO Corp. Investors

  • GlobeNewswire

    INVESTOR ALERT - HEXO Corp. (HEXO) - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action and Lead Plaintiff Deadline: January 27, 2020

    Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against HEXO Corp. (“HEXO”) or the “Company”) (NYSE: HEXO) and certain of its officers, on behalf of shareholders who purchased HEXO securities between January 25, 2019 and November 15, 2019, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/hexo.

  • GlobeNewswire

    HEXO closes $70 million private placement of convertible debentures  

    HEXO Corp. (“HEXO” or the “Company”) (TSX:HEXO; NYSE:HEXO) is pleased to announce the closing of its previously announced private placement of unsecured convertible debentures for aggregate gross proceeds of $70 million (the “Offering”). The Company intends to use the net proceeds of the Offering for working capital and general corporate purposes. “This financing demonstrates that investors are confident in HEXO,” said Sébastien St-Louis, co-founder and CEO of HEXO.

  • Is the Right Move to Buy Hexo Stock Amid Cannabis Rebound?
    InvestorPlace

    Is the Right Move to Buy Hexo Stock Amid Cannabis Rebound?

    Cannabis stocks have been on the mend lately, although most are still carrying painful losses this year. Hexo (NYSE:HEXO) is not an exception to this observation. Hexo stock has been under considerable pressure, down 37% in 2019 and more than 70% from its May high.Source: Shutterstock Is the cannabis space really going to make a comeback? That much isn't clear yet, unfortunately. But we can determine which ones to buy in the event that names like Hexo stock do rebound.In November, these names fell off a cliff. I mean, really tanked hard amid relentless selling. Painful as it was, the plunge at least got the discussion going that perhaps these names were capitulating. There could still be some end-of-year selling as investors look to lock in tax losses, but positive signs are starting to emerge.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor instance, on Tuesday, when the stock market opened lower with indexes down more than 1%, pot stocks were holding in. Then they turned positive and started to gain momentum. How could cannabis stocks be green on the day when the S&P 500 index was down 1.3% for the session?These are not high-quality equities or a flight-to-safety asset class. That got my attention and I'm now taking the charts more seriously. * 7 Stocks to Buy in December Trading Hexo Stock Click to Enlarge Source: Chart courtesy of StockCharts.comAt the beginning of summer, cannabis stocks started to swoon. I flagged a few of these breakdowns, like Canopy Growth (NYSE:CGC) and Aurora Cannabis (NYSE:ACB), cautioning investors to be careful now that key support was giving way.I didn't expect it would lead to some of the declines we've seen since. Many of these names are down 60% to 70% from the highs, while Tilray (NASDAQ:TLRY) is down 90%. Ouch!However, most of these names are rebounding from the lows -- Hexo stock included. Like I said of CGC the other day, two developments are now critical for bulls. First, Hexo stock price must avoid making new lows. It was a panic collapse that sent shares down to $1.56.Bulls also need to see Hexo stock price clear downtrend resistance (blue line). Clearing the 50-day moving average would also open things up a bit on the charts. In short, we need to stop seeing lower lows, and starting seeing higher lows develop on the chart.We're unlikely to go from a sharp downtrend to a massive uptrend overnight. There will be setbacks along the way, but we need to see these two developments before we can trust Hexo.On the chart above, investors can also see that $2 has played a key role lately. Below it should put investors on caution for a possible retest of the lows. If it can hold above $2 a share, a test of its downtrend marks will be in the cards, as well as a possible push to $3. Let's keep an eye on Hexo stock. Bottom Line on Hexo StockDo the charts make Hexo stock a buy? In a word: no. The charts show that the situation is improving from a few weeks ago, but has not signaled the all-clear to investors just yet.So what about the fundamentals?Judging cannabis stocks based on the fundamentals is difficult. That's because many have triple-digit sales growth but low revenue figures. Further, most are not free cash flow positive or profitable, yet garner valuations in the billions.Because of the large correction this year, Hexo stock now sports a market cap of $527 million. Is that too much? Well… * 7 Exciting Biotech Stocks to Buy Now Last year, Hexo had net revenue of 47.3 million CAD ($35.9 million) and lost over 86 million CAD. Investors should know that profits have been elusive for this company.That's not necessarily a nail in the coffin, but companies that are sacrificing profits for growth need to have staying power via the balance sheet. With just 113.5 million CAD in unrestricted cash, some investors have to be nervous. That's even as current assets sit at 314 million CAD, compared to just 52.6 million CAD in current liabilities.But the acceleration in liabilities -- with total liabilities up to 104.3 million CAD last quarter from 17.3 million CAD three quarters ago -- and the negative cash flow is a concern. Hexo isn't the worst pick, but amid a cannabis comeback, I prefer Aphria (NYSE:APHA) and Canopy Growth stock, which have stronger balance sheets.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long APHA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Dominated Thanksgiving Shopping * 6 Manufacturing Stocks to Buy as the Economy Recovers * The 7 Best Cryptocurrencies to Buy as Blockchain Heats Up The post Is the Right Move to Buy Hexo Stock Amid Cannabis Rebound? appeared first on InvestorPlace.

  • Business Wire

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of HEXO Corp. Investors

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of HEXO Corp. Investors

  • Business Wire

    ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Reminds HEXO Corp. Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm – HEXO

    Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of HEXO Corp. (NYSE: HEXO) between January 25, 2019 and November 15, 2019, inclusive (the "Class Period") of the important January 27, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Hexo investors under the federal securities laws.

  • GlobeNewswire

    Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against The RealReal, Baxter International, and HEXO and Encourages Investors to Contact the Firm

    Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, reminds investors that class action lawsuits have been commenced on behalf of stockholders of The RealReal, Inc. (REAL), Baxter International, Inc. (BAX), and HEXO Corp. (HEXO). Class Period: Securities purchased pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s June 2019 initial public offering (“IPO” or the “Offering”). On November 5, 2019, CNBC published an investigative report that showed that the Company’s authentication process was not as robust as it led consumers to believe.

  • ACCESSWIRE

    CLASS ACTION UPDATE for IRBT, BAX, HEXO and FCAU: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, NY / ACCESSWIRE / December 4, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...

  • ACCESSWIRE

    SHAREHOLDER ALERT: RUHN ZEN HEXO: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / December 4, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a ...