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HEXO in Focus: Stock Moves 9% Higher

Zacks Equity Research

HEXO Corp. HEXO was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $0.43 to $0.75 in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

HEXO currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

HEXO Corp. Price

HEXO Corp. Price

HEXO Corp. price | HEXO Corp. Quote

Investors interested in the Medical - Products industry may consider Surmodics Inc SRDX, which also has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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