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Cannabis Stock Drops 4.44% Wednesday: Should You Buy Hexo Corp (HEXO)?

Wednesday, October 06, 2021 01:28 PM | InvestorsObserver Analysts

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Cannabis Stock Drops 4.44% Wednesday: Should You Buy Hexo Corp (HEXO)?

HEXO stock is lower by 4.44% Wednesday as the cannabis stock decreases $0.08 and underperforms the market. Hexo Corp (HEXO) is near the top in its industry group according to InvestorsObserver. HEXO gets an overall rating of 44. That means it scores higher than 44 percent of stocks. Hexo Corp gets a 87 rank in the Drug Manufacturers - Specialty & Generic industry. Drug Manufacturers - Specialty & Generic is number 141 out of 148 industries.

Overall Score - 44
HEXO has an Overall Score of 44. Find out what this means to you and get the rest of the rankings on HEXO!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector. Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes

InvestorsObserver

’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Hexo Corp Stock Today?

Hexo Corp (HEXO) stock is trading at $1.72 as of 1:14 PM on Wednesday, Oct 6, a drop of -$0.08, or -4.44% from the previous closing price of $1.80. The stock has traded between $1.71 and $1.79 so far today. Volume today is light. So far 4,141,572 shares have traded compared to average volume of 7,859,318 shares. Click Here to get the full Stock Report for Hexo Corp stock.

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