Top Rated Cannabis Stock in the Drug Manufacturers - Specialty & Generic Industry Rises 11.58% Monday; Is it Time to Buy Hexo Corp (HEXO)?

Monday, January 31, 2022 01:31 PM | InvestorsObserver Analysts

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Top Rated Cannabis Stock in the Drug Manufacturers - Specialty & Generic Industry Rises 11.58% Monday; Is it Time to Buy Hexo Corp (HEXO)?

HEXO, a player in the cannabis market, is higher by 11.58% Monday as it outperforms the market as a whole. The 36 rating InvestorsObserver gives to Hexo Corp (HEXO) stock puts it near the top of the Drug Manufacturers - Specialty & Generic industry. In addition to scoring higher than 71 percent of stocks in the Drug Manufacturers - Specialty & Generic industry, HEXO’s 36 overall rating means the stock scores better than 36 percent of all stocks.

HEXO has an Overall Score of 36. Find out what this means to you and get the rest of the rankings on HEXO!

See Full HEXO Report

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 $0.55 as of 1:28 PM on Monday, Jan 31, a rise of $0.06, or 11.58% from the previous closing price of $0.50. The stock has traded between $0.50 and $0.56 so far today. Volume today is 7,192,390 compared to average volume of 7,441,162. Click Here to get the full Stock Report for Hexo Corp stock.