HEXO (TSE:HEXO) Shares Up 1.1% – Time to Buy?

HEXO Corp. (TSE:HEXOGet Free Report)’s stock price shot up 1.1% on Tuesday . The stock 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 Stock Performance

The company has a quick ratio of 0.40, a current ratio of 0.41 and a debt-to-equity ratio of 125.99. The stock has a market cap of C$38.72 million, a P/E ratio of -0.26, a price-to-earnings-growth ratio of -0.18 and a beta of 2.13. 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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