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Is There a Dimmer Outlook Ahead for HEXO Corp. (HEXO)?

HEXO Corp. (NASDAQ:HEXO) went down by -6.51% from its latest closing price compared to the recent 1-year high of $2.06. The company’s stock price has collected -14.04% of loss in the last five trading sessions.

Is It Worth Investing in HEXO Corp. (NASDAQ :HEXO) Right Now?

Plus, the 36-month beta value for HEXO is at 1.87. Opinions of the stock are interesting as 0 analysts out of 7 who provided ratings for HEXO Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 2 as “sell.”

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The average price from analysts is $0.19. HEXO currently public float of 442.17M and currently shorts hold a 3.87% ratio of that float. Today, the average trading volume of HEXO was 8.13M shares.

HEXO’s Market Performance

HEXO stocks went down by -14.04% for the week, with a monthly drop of -15.07% and a quarterly performance of -24.59%, while its annual performance rate touched -91.10%. The volatility ratio for the week stands at 5.42% while the volatility levels for the past 30 days are set at 6.67% for HEXO Corp. The simple moving average for the period of the last 20 days is -15.28% for HEXO stocks with a simple moving average of -60.68% for the last 200 days.

Analysts’ Opinion of HEXO

Jefferies, on the other hand, stated in their research note that they expect to see HEXO reach a price target of $0.53, previously predicting the price at $1.07. The rating they have provided for HEXO stocks is “Hold” according to the report published on January 27th, 2022.

HEXO Trading at -17.34% from the 50-Day Moving Average

After a stumble in the market that brought HEXO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.71% of loss for the given period.

Volatility was left at 6.67%, however, over the last 30 days, the volatility rate increased by 5.42%, as shares sank -16.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.00% lower at present.

During the last 5 trading sessions, HEXO fell by -14.04%, which changed the moving average for the period of 200-days by -82.57% in comparison to the 20-day moving average, which settled at $0.1999. In addition, HEXO Corp. saw -75.55% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for HEXO

Current profitability levels for the company are sitting at:

  • -76.71 for the present operating margin
  • -8.76 for the gross margin

The net margin for HEXO Corp. stands at -92.72. The total capital return value is set at -10.13, while invested capital returns managed to touch -16.25. Equity return is now at value -165.50, with -91.90 for asset returns.

Based on HEXO Corp. (HEXO), the company’s capital structure generated 68.23 points at debt to equity in total, while total debt to capital is 40.56. Total debt to assets is 37.98, with long-term debt to equity ratio resting at 10.30. Finally, the long-term debt to capital ratio is 6.12.

When we switch over and look at the enterprise to sales, we see a ratio of 0.72, with the company’s debt to enterprise value settled at 0.77. The receivables turnover for the company is 2.84 and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.

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