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HEXO

HEXO NasdaqCM:HEXO Stock Report

Last Price

US$0.18

Market Cap

US$109.3m

7D

-5.3%

1Y

-90.7%

Updated

27 Sep, 2022

Data

Company Financials +
HEXO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health1/6
Dividends0/6

HEXO Stock Overview

HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada.

HEXO Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for HEXO
Historical stock prices
Current Share PriceCA$0.18
52 Week HighCA$2.06
52 Week LowCA$0.17
Beta1.92
1 Month Change-13.30%
3 Month Change-11.77%
1 Year Change-90.67%
3 Year Change-98.83%
5 Year Change-97.37%
Change since IPO-96.99%

Recent News & Updates

Aug 30

Hexo to produce Mike Tyson's cannabis brand's products in Canada

Hexo (NASDAQ:HEXO) said it signed an exclusive partnership with Mike Tyson's recently formed cannabis company TYSON 2.0. Under the agreement, Hexo will produce TYSON 2.0's products in Canada, including full range of flower, pre-rolls, edibles and vapes. The HEXO-produced lines will launch across Canada in fall 2022, the company said in an Aug. 30 press release. "With their broad product range from flower to straight edge pre-rolls to edibles, the TYSON 2.0 brand fits perfectly into HEXO's market leading portfolio," said Hexo CEO Charlie Bowman. HEXO +4.67% to $0.22 premarket Aug. 30

Aug 17

Canopy Growth, Tilray other Canadian cannabis names up amid WallStreetBets chatter

Canopy Growth (NASDAQ:CGC), Tilray Brands (NASDAQ:TLRY), and other Canadian cannabis licensed producers are markedly higher in Wednesday trading as chatter about the industry on WallStreetBets intensifies. In Wednesday morning trading, Canopy (CGC) is up 11%, Tilray (TLRY) up 4%, Aurora Cannabis (NASDAQ:ACB) up 6%, and HEXO Corp. (NASDAQ:HEXO) up 11%. There is increased discussion about Canadian LPs on WallStreetBets which may account for the increases. Tilray (TLRY) CEO Irwin Simon, in a recent interview with Yahoo Finance, said that the U.S. represents in $100B opportunity in cannabis. That opportunity could become reality if a federal marijuana legalization bill gets signed into law. Check out a recent deep dive into Tilray (TLRY) and whether the stock is a buy at this time.

Jul 28

HEXO receives additional 180 calendar day grace period for regaining compliance

HEXO (NASDAQ:HEXO) received an extension of 180 calendar days post expiration of initial 180 calendar days period to regain minimum bid price requirement compliance on July 25, 2022 from the Nasdaq Stock Market. The company now has time until Jan.23, 2023 to regain compliance after which the company is likely to receive notification for shares delisting. The current notification has no impact on the listing.

Shareholder Returns

HEXOUS PharmaceuticalsUS Market
7D-5.3%-0.3%-5.8%
1Y-90.7%4.2%-22.1%

Return vs Industry: HEXO underperformed the US Pharmaceuticals industry which returned 3% over the past year.

Return vs Market: HEXO underperformed the US Market which returned -23.7% over the past year.

Price Volatility

Is HEXO's price volatile compared to industry and market?
HEXO volatility
HEXO Average Weekly Movement11.6%
Pharmaceuticals Industry Average Movement11.5%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: HEXO is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: HEXO's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2013n/aCharlie Bowmanhttps://www.hexocorp.com

HEXO Corp., through 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.

HEXO Corp. Fundamentals Summary

How do HEXO's earnings and revenue compare to its market cap?
HEXO fundamental statistics
Market CapUS$109.33m
Earnings (TTM)-US$757.87m
Revenue (TTM)US$136.19m

0.8x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HEXO income statement (TTM)
RevenueCA$187.28m
Cost of RevenueCA$223.91m
Gross Profit-CA$36.63m
Other ExpensesCA$1.01b
Earnings-CA$1.04b

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.73
Gross Margin-19.56%
Net Profit Margin-556.49%
Debt/Equity Ratio86.9%

How did HEXO perform over the long term?

See historical performance and comparison