Hexo is a pharmaceuticals business based in Canada. Hexo stocks (HEXO) are listed on the Toronto Stock Exchange, and all prices are listed in Canadian Dollars.
Keep reading to see up-to-date Hexo stock price and performance data, along with a step-by-step guide for how to buy Hexo stock in Canada.
Hexo (HEXO) stock summary
| Company stock name | Hexo Corp |
| Stock ticker symbol | HEXO |
| Exchange | Toronto Stock Exchange |
| Where to buy Hexo stock | Buy on CIBC Investor's Edge |
Can I buy Hexo stock in Canada?
Yes, you can buy Hexo stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the Toronto Stock Exchange (TSX) exchange. Platforms like Interactive Brokers will allow you to directly buy Hexo stock from within Canada.How to buy Hexo stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—HEXO.
Look up the stock using its name (Hexo Corp) or ticker symbol (HEXO). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Hexo stock.
Choose the number of HEXO stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
Our top picks for where to buy Hexo stock
Hexo stock chart (Toronto Stock Exchange (TSX): HEXO)
This chart tracks Hexo stock price performance over time.Hexo stock price
We'll update this guide as more Hexo stock information becomes available.
Is Hexo stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Hexo stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Hexo stock on the TSX?
No, you cannot buy Hexo stock on the TSX because Hexo stock is not listed on the TSX. Instead, Hexo stock is listed on the Toronto Stock Exchange under the symbol "HEXO."
That said, if you're wondering how to invest in Hexo stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to Toronto Stock Exchange, like Interactive Brokers.
Hexo stock dividends
Hexo is not expected to pay a dividend over the next 12 months. We'll continue to monitor Hexo's stock information and update this guide if that changes.
Hexo stock performance metrics
Here are some common key metrics for Hexo stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
Has Hexo stock ever split?
Hexo's stocks were split on a 1:14 basis on December 18, 2022. So, if you had owned 14 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Hexo stocks, just the quantity.
However, indirectly, the new 1300% higher stock price could have impacted the market appetite for Hexo stocks, which in turn could have impacted Hexo's stock price.How volatile is Hexo stock?
Over the last 12 months, Hexo's stocks price has ranged from C$0.00 to as high as C$0.00. Hexo's beta measurement of stock volatility is 2.13. For comparison, the market (Toronto Stock Exchange) average beta is 1. This would suggest that Hexo's stocks are significantly more volatile than the average for this exchange and represent a higher risk.
Some analysists use "beta" to gauge a stock's volatility. Beta is a popular way to measure a stocks volatility in relation to the market. Here is a breakdown of Hexo's beta stock volatility rating.
Hexo company and revenue performance
| Market Capitalization | C$38.7 million |
|---|---|
| Gross profit (TTM) | C$-75,672,000 |
| Profit margin | -220.13% |
| Revenue (TTM) | C$124.1 million |
| Return on assets (TTM) | -14.96% |
| Return on equity (TTM) | -106.39% |
| Earnings per share (TTM) | -C$3.41 |
| 50-day moving stock price average | C$1.48 |
| 200-day moving stock price average | C$2.28 |
Hexo company profile
HEXO Corp., together with its subsidiaries, produces, markets, and sells cannabis in Canada. The company offers its adult-use and medical products under the HEXO brand name.
It also provides cannabis beverages under the Little Victory, House of Terpenes, Mollo, Veryvell, and XMG brands; and cannabis products under UP Cannabis, Original Stash, and Up brand names. It has a strategic alliance with Tilray Brands, Inc. The company was formerly known as The Hydropothecary Corporation and changed its name to HEXO Corp. in August 2018.
HEXO Corp. was founded in 2013 and is headquartered in Gatineau, Canada. As of June 22, 2023, HEXO Corp. operates as a subsidiary of Tilray Brands, Inc..
Compare trading platforms to buy Hexo stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Hexo stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Hexo stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Hexo stock
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