HEXO Corp.
Why Is HEXO Corp. (HEXO) Stock Up Today?
Live update on HEXO's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
Summary
HEXO Corp. (HEXO) is trading up +2.45% at $0.71, reflecting a positive shift in investor sentiment today. The stock opened at $0.67 and has moved between $0.66 and $0.71 so far.
Trading volume is 298445, which is 8% below its average, and the price action suggests buying interest.
Technically, HEXO is trading below its 50-day moving average of $1.07 and below its 200-day moving average of $1.63, indicating short-term and long-term weakness.
Meyka's AI assigns HEXO a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -51.08% in 1 year ($0.35), and -41.36% in 5 years ($0.42).
In context, the broader Healthcare sector is down -1.93% today, which may be contributing to the move.
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.
HEXO Technical Signals
Trading below 50-day moving average ($1.07)
Trading below 200-day moving average ($1.63)
Sector Context
The Healthcare sector is down -1.93% today, with the Drug Manufacturers - Specialty & Generic industry contributing to the decline. This broader context may be weighing on the stock's performance.
Price Forecast
1 Month
N/A
1 Year
$0.35
3 Years
$0.35
5 Years
$0.42
Is this change significant?
5-Day:N/A
1-Month:N/A
3-Month:-39.83%
What's next?
Next earnings date: 7/30/2025