HEXO Catches Eye: Stock Jumps 9.4%

HEXO stock


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. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $0.62 to $1.12 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 #3 (Hold) while its

Earnings ESP

is negative.

price chart for HEXO

Investors interested in the Medical – Products industry may consider

InMode Ltd.

INMD

, which has a Zacks Rank #1 (Strong Buy). You can see


the complete list of today’s Zacks #1 Rank stocks here

.

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