HEXO stock is on the rise today, up 2.39% at the time of writing; shares are selling for $6.43 USD on the NYSE American. Gains are always welcomed in the cannabis industry, but analysts are still calling shares of HEXO Corp (TSX:HEXO) (NYSE:HEXO) undervalued. Let’s look at the potentials in the company.
HEXO Stock Increase But Still Undervalued?HEXO shares hit a high of $8.28 in April and have since declined to current prices with several dips and gains along the way. This decline represents a 22% drop; however, year-to-date, shares have packed on 67%—significantly more ...
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