HEXO (TSE:HEXO) Trading Up 1.1% – Should You Buy?

Shares of HEXO Corp. (TSE:HEXOGet Free Report) were up 1.1% during mid-day trading on Tuesday . The stock traded as high as C$0.91 and last traded at C$0.88. Approximately 72,642 shares changed hands during trading, a decline of 71% from the average daily volume of 253,024 shares. The stock had previously closed at C$0.87.

HEXO Trading Up 1.1 %

The company has a debt-to-equity ratio of 125.99, a quick ratio of 0.40 and a current ratio of 0.41. The firm has a 50-day moving average price of C$0.88. The company has a market cap of C$38.72 million, a PE ratio of -0.26, a price-to-earnings-growth ratio of -0.18 and a beta of 2.13.

HEXO Company Profile

(Get Free Report)

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.

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