Hexo Corp Probability of Future Stock Price Finishing Over 0.78
| HEXODelisted Stock | USD 0.71 0.00 0.00% |
Hexo |
Hexo Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hexo Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hexo Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Hexo Corp is not yet fully synchronised with the market data | |
| Hexo Corp has some characteristics of a very speculative penny stock | |
| Hexo Corp has a very high chance of going through financial distress in the upcoming years | |
| Hexo Corp currently holds 251.52 M in liabilities with Debt to Equity (D/E) ratio of 0.99, which is about average as compared to similar companies. Hexo Corp has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Hexo Corp's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 191.1 M. Net Loss for the year was (1.11 B) with loss before overhead, payroll, taxes, and interest of (75.67 M). | |
| Hexo Corp currently holds about 14.22 M in cash with (116.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
Hexo Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hexo Stock often depends not only on the future outlook of the current and potential Hexo Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hexo Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 27.8 M | |
| Cash And Short Term Investments | 83.2 M |
Hexo Corp Technical Analysis
Hexo Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Hexo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hexo Corp. In general, you should focus on analyzing Hexo Stock price patterns and their correlations with different microeconomic environments and drivers.
Hexo Corp Predictive Forecast Models
Hexo Corp's time-series forecasting models is one of many Hexo Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hexo Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Hexo Corp
Checking the ongoing alerts about Hexo Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hexo Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Hexo Corp is not yet fully synchronised with the market data | |
| Hexo Corp has some characteristics of a very speculative penny stock | |
| Hexo Corp has a very high chance of going through financial distress in the upcoming years | |
| Hexo Corp currently holds 251.52 M in liabilities with Debt to Equity (D/E) ratio of 0.99, which is about average as compared to similar companies. Hexo Corp has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Hexo Corp's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 191.1 M. Net Loss for the year was (1.11 B) with loss before overhead, payroll, taxes, and interest of (75.67 M). | |
| Hexo Corp currently holds about 14.22 M in cash with (116.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Hexo Stock
If you are still planning to invest in Hexo Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hexo Corp's history and understand the potential risks before investing.
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