HEXO (TSE:HEXO) Trading 1.1% Higher – What’s Next?

HEXO Corp. (TSE:HEXOGet Free Report) shares traded up 1.1% during trading on Monday . The company traded as high as C$0.91 and last traded at C$0.88. 72,642 shares were traded during mid-day trading, a decline of 71% from the average session volume of 253,024 shares. The stock had previously closed at C$0.87.

HEXO Price Performance

The firm has a market capitalization of C$38.72 million, a PE ratio of -0.26, a PEG ratio of -0.18 and a beta of 2.13. The company has a debt-to-equity ratio of 125.99, a quick ratio of 0.40 and a current ratio of 0.41. The stock’s fifty day moving average price is C$0.88.

HEXO Company Profile

(Get Free Report)

HEXO Corp., together with its subsidiaries, produces, markets, and sells cannabis in Canada. The company offers its adult-use and medical products under the HEXO brand name. It also provides cannabis beverages under the Little Victory, House of Terpenes, Mollo, Veryvell, and XMG brands; and cannabis products under UP Cannabis, Original Stash, and Up brand names.

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