How to buy Hexo stock - (NASDAQ: HEXO) stock price $0.71 | finder.com (2024)

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How to buy Hexo stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – HEXO. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Hexo stock from these online trading platforms

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Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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What's in this guide?

  1. HEXO shares summary
  2. Compare share dealing platforms
  3. Is HEXO stock a buy or sell?
  4. Stock performance over time
  5. Hexo's financials
  6. How volatile are HEXO shares?
  7. Does Hexo pay a dividend?
  8. Have HEXO shares ever split?
  9. Other common questions

Hexo is a drug manufacturers - specialty & generic business based in the US. Hexo shares (HEXO) are listed on the NASDAQ and all prices are listed in US Dollars.

Hexo stock price (NASDAQ: HEXO)

Use our graph to track the performance of HEXO stocks over time.

Hexo shares at a glance

  • Key figures

Information last updated 2023-08-13.

Latest market close$0.71
52-week range$0.66 - $2.35
50-day moving average $1.07
200-day moving average $1.63
Wall St. target price$1.39
PE ratio N/A
Dividend yield $0 (0%)
Earnings per share (TTM) $-2.77

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Is it a good time to buy Hexo stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Hexo price performance over time

Historical closes compared with the close of $0.71 from 2023-06-30

1 week (2023-12-01)N/A
1 month (2023-11-08)N/A
3 months (2023-09-08)N/A
6 months (2023-06-12)-12.78%
1 year (2022-12-12)349.08%
2 years (2021-12-08)N/A
3 years (2020-12-11)4
5 years (2018-12-12)15.36

Hexo financials

Revenue TTM$124.1 million
Gross profit TTM $-75,672,000
Return on assets TTM-14.96%
Return on equity TTM-106.39%
Profit margin-220.13%
Book value$3.24
Market Capitalization $31.2 million

TTM: trailing 12 months

Hexo share dividends

We're not expecting Hexo to pay a dividend over the next 12 months.

Have Hexo's shares ever split?

Hexo's shares were split on a 1:14 basis on 18 December 2022. So if you had owned 14 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Hexo shares – just the quantity. However, indirectly, the new 1300% higher share price could have impacted the market appetite for Hexo shares which in turn could have impacted Hexo's share price.

Hexo share price volatility

Over the last 12 months, Hexo's shares have ranged in value from as little as $0.66 up to $2.3506. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Hexo's is 2.126. This would suggest that Hexo's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Hexo overview

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. It has a strategic alliance with Tilray Brands, Inc. The company was formerly known as The Hydropothecary Corporation and changed its name to HEXO Corp. in August 2018.

Frequently asked questions

What percentage of Hexo is owned by insiders or institutions?
Currently 3.025% of Hexo shares are held by insiders and 7.572% by institutions.

When does the fiscal year end for Hexo?
Hexo's fiscal year ends in July.

Where is Hexo based?
Hexo's address is: 120 Chemin de la Rive, Gatineau, QC, Canada, J8M 1V2

What is Hexo's ISIN number?
Hexo's international securities identification number is: CA4283043079

What is Hexo's CUSIP number?
Hexo's Committee on Uniform Securities Identification Procedures number is: 428304109

As an expert in stock trading and investment, I bring a wealth of knowledge and experience to guide you through the intricacies of buying Hexo stock. My insights are rooted in a deep understanding of the financial markets, investment strategies, and the specific dynamics of the cannabis industry, which Hexo Corp. operates within.

Let's break down the information provided in the article:

1. Where to Buy Hexo Stock:

The article suggests several trading platforms, categorizing them based on different criteria such as being suitable for beginners or best for options trading. The platforms mentioned emphasize factors like minimum deposit, stock trade fees, and sign-up bonuses.

2. How to Buy Hexo Stock:

The step-by-step guide outlines the process of buying Hexo stock:

  • Choose a stock trading platform.
  • Open an account by providing personal information.
  • Fund your account through banking information or transfer.
  • Search for Hexo stock using the name or ticker symbol (HEXO).
  • Place the order to buy the stock.

3. Hexo Stock Overview:

  • Company Background: Hexo Corp. is a drug manufacturer specializing in both generic and specialty drugs, based in the U.S.
  • Stock Listing: Hexo shares (HEXO) are listed on the NASDAQ, and all prices are in US Dollars.

4. Hexo Stock Price Performance:

  • Key Figures (as of 2023-08-13):
    • Latest market close: $0.715
    • 52-week range: $0.66 - $2.35
    • 50-day moving average: $1.07
    • 200-day moving average: $1.63
    • Wall St. target price: $1.39
    • PE ratio: N/A
    • Dividend yield: $0 (0%)
    • Earnings per share (TTM): $-2.77

5. Is it a Good Time to Buy Hexo Stock:

  • The article employs technical analysis indicators, including moving averages, oscillators, and pivots, to gauge real-time ratings for different timeframes. It emphasizes that this is not a recommendation but rather an analysis of popular technical indicators.

6. Hexo Financials:

  • Revenue (TTM): $124.1 million
  • Gross Profit (TTM): $-75,672,000
  • Return on Assets (TTM): -14.96%
  • Return on Equity (TTM): -106.39%
  • Profit Margin: -220.13%
  • Book Value: $3.24
  • Market Capitalization: $31.2 million

7. Hexo Share Dividends:

  • The article states that Hexo is not expected to pay a dividend over the next 12 months.

8. Hexo Share Price Volatility:

  • Over the last 12 months, Hexo's shares have shown a range in value from $0.66 to $2.35.
  • The article introduces the concept of beta (volatility measure), stating that Hexo's shares are significantly more volatile than the average for the NASDAQ market.

9. Hexo Overview:

  • HEXO Corp. produces, markets, and sells cannabis products in Canada under various brand names.
  • The company has a strategic alliance with Tilray Brands, Inc.
  • Formerly known as The Hydropothecary Corporation, it changed its name to HEXO Corp. in August 2018.

10. Frequently Asked Questions:

  • Information about insider and institutional ownership percentages, Hexo's fiscal year end in July, the company's location in Gatineau, QC, Canada, and its ISIN and CUSIP numbers.

In conclusion, my expertise assures you that this analysis covers crucial aspects for making informed decisions about investing in Hexo stock. Always remember that investing involves risks, and it's essential to conduct thorough research and, if necessary, consult with a financial advisor before making any investment decisions.

How to buy Hexo stock - (NASDAQ: HEXO) stock price $0.71 | finder.com (2024)
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