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Pot Stock Hexo Corp (HEXO) Drops 1.43% Thursday; Analysts Are Neutral, Are They Wrong?

Thursday, December 08, 2022 03:55 PM | InvestorsObserver Analysts
Pot Stock Hexo Corp (HEXO) Drops 1.43% Thursday; Analysts Are Neutral, Are They Wrong?

HEXO stock is lower by 1.43% Thursday as the pot stock is neutral at $0 and underperforms the market. InvestorsObserver is giving Hexo Corp (HEXO) an Analyst Rating Rank of 2, meaning HEXO is ranked higher by analysts than 2% of stocks. The average price target for HEXO is $0.217 and analyst’s rate the stock as a Hold.

Overall Score - 2.4
Wall Street analysts are rating HEXO a Hold today. Find out what this means to you and get the rest of the rankings on HEXO!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Hexo Corp Stock Today?

Hexo Corp (HEXO) stock is trading at $0.16 as of 3:54 PM on Thursday, Dec 8, a loss of $0.00, or -1.43% from the previous closing price of $0.16. The stock has traded between $0.16 and $0.16 so far today. Volume today is 3,733,023 compared to average volume of 4,848,544. Click Here to get the full Stock Report for Hexo Corp stock.

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