|Bid||1.8500 x 0|
|Ask||1.8700 x 0|
|Day's Range||1.8500 - 1.9200|
|52 Week Range||1.6200 - 11.2900|
|Beta (5Y Monthly)||4.58|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Scientists have determined the thin liners inside aluminum cans can cause cannabis drinks to lose their potency.
Hexo Corp (TSX:HEXO)(NYSE:HEXO) has all the advantages of Canopy Growth Corp (TSX:WEED)(NYSE:CGC), without the premium valuation.
Hexo Corp.’s (TSX:HEXO)(NYSE:HEXO) stock price heads lower on news of more shareholder dilution and continued financial difficulties.
Auditors do get changed over time, and it’s encouraged, but investors may raise questions when auditors abruptly resign, as in the HEXO's case.
Hexo stock is a classic case of the last year’s cannabis crash. It has lost 81.58% of its value since April 2019.
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (17,559.02, up 74.25 points.)Bombardier Inc. (TSX:BBD.B). Industrials. Down 10 cents, or 8.2 per cent, to $1.12 on 34 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down two cents, or 0.72 per cent, to $2.77 on 10.3 million shares.Encana Corp. (TSX:ECA). Energy. Down 23 cents, or 4.14 per cent, to $5.33 on 9.2 million shares.Baytex Energy Corp. (TSX:BTE). Energy. Unchanged at $1.77 on 5 million shares.Hexo Corp. (TSX:HEXO). Health care. Down 21 cents, or 9.09 per cent, to $2.10 on 4.9 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Unchanged at 16 cents on 4.3 million shares. Companies in the news:Bombardier Inc. — Two major rating agencies have voiced concerns over the finances of Bombardier Inc., whose future is being questioned as it considers options to raise its more than US$9 billion debt. S&P Global Ratings changed its outlook to "negative" from "stable" on Friday, following in the footsteps of Moody's Investors Service, which did the same Thursday evening. The Montreal-based transportation manufacturer's stock dropped another seven per cent after plunging 32 per cent on Thursday. Bombardier has faced persistent difficulties in its rail division but also raised doubts about its continued participation in the A220, less than two years after having ceded control of the program formerly called C Series to Airbus.Canopy Growth Corp. (TSX:WEED). Up 90 cents, or 2.84 per cent, to $32.57. Canopy Growth Corp. is delaying the launch of its cannabis-infused drinks. The company says work to scale up to commercial production is not complete and it is delaying the launch date while it completes the final steps. Canopy submitted its final documentation for its beverage facility to Health Canada last June and received its license in late November. The company had expected to have its beverage products on store shelves in early January. It did not say when it now plans to launch its beverage products.This report by The Canadian Press was first published Jan. 17, 2020.The Canadian Press
Beer, wine and spirit giants and small startups alike are betting on cannabis beverages disrupting the drinks market with products that can soothe sore muscles after a workout, or deliver a hangover-free buzz.
Cannabis stocks, including HEXO Corp. (TSX:HEXO)(NYSE:HEXO), plunged sharply in 2019. Should you buy pot stocks in 2020 or stay away from this sector?
If you want exposure to high-upside Canadian stocks in 2020, take a close look at Canada Goose Holdings Inc (TSX:GOOS)(NYSE:GOOS) and HEXO Corp. (TSX:HEXO)(NYSE:HEXO).
Hunting for a bargain? This group of beaten-down stocks, including HEXO (TSX:HEXO)(NYSE:HEXO), might provide the value you're looking for.
Want to compound your investment dollars as fast as possible? Stocks like Hexo Corp. (TSX:HEXO)(NYSE:HEXO) and Canada Goose Holdings Inc (TSX:GOOS)(NYSE:GOOS) should be on your list.
AltaGas Canada stock and Hexo stock went separate directions last year. Only the utility company is the recommended buy between the two stocks in 2020.
Discover why Hexo Corp (TSX:HEXO)(NYSE:HEXO) stock gives you more upside and less risk when compared to competitors like Canopy Growth Corp (TSX:WEED)(NYSE:CGC).