Hoping For A Higher Take: HEXO Corp. (HEXO), Petroleo Brasileiro S.A. – Petrobras (PBR)
HEXO Corp. (NYSE:HEXO) has its shares plummet by -66.07% or $5.55 from its all-time high of $8.4, with HEXO attaining that price back on April 29, 2019. The drop in the price of the shares saw it stand at $2.85 per share. HEXO has been trading at a low of $3.02 over the past one year but it surged by -5.63% or $-0.17 to reach the $2.85 mark. Following the massive decline in stock price, HEXO received more attention from investors and analysts. On Thursday, the stock dipped by -22.55%, which caused investors and analysts to worry about it. Following the plunge in price, the HEXO beta stands at 0, implying that its volatility level has gone down by 1 back of the general market. A look at the stock’s 200-day moving average shows that it is -47.31% below while its 50-day moving average shows ...