RE:RE:RE:Bullish on HexoAccording to the Price to Earnings Ratios the stock is grossly undervalued . The upside on a strong QTR report will be substantial. Those who do some research will make the best trades.
$2.00 is scratching the surface even if the shareprice should only reach a fraction of the ratio in the future.
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Price to Sales Ratio Definition
The price to sales ratio (PS ratio) is calculated by dividing stock price by the revenue per share. It is most useful for comparing companies within a sector or industry because "normal" values for this ratio vary from industry to industry. In general, low price to sales ratios are more appealing because they suggest that a company is undervalued.
HEXO Price to Sales Ratio Data
https://ycharts.com/companies/HEXO.TO/ps_ratio
The price to sales ratio data is extremely interesting as the current value is under 4 with an average of 58 and a high of 244.
The highs were struck in the early days of the industry PRIOR TO THE COMPANY ESTABLISHING ANY NOTABLE LEVEL OF SALES
Earnings Per Share Definition
https://www.investopedia.com/terms/e/eps.asp
Earning Per Share
https://www.zacks.com/stock/chart/HEXO/fundamental/eps-diluted-quarterly
Definition of EBIDTA
https://www.lightercapital.com/blog/how-to-calculate-ebitda-margin-formula/
HEXO disclosed on their last QTR Report Call that they are expecting to be EBIDTA positive in their 2021 year, or by end of 2020 calendar year. HEXO Fiscal year began Aug 1st, 2020. CougerMilk wrote: Basically, that sets out why I think Hexo's trading range will likely be around $2 leading up to Q2 and why I am bullish now. Mostly, I am focused on products, roll out, pricing and the expanding market and I believe they are serious about continuing to reign in costs to keep ahead of most. Hopefully, the market puts you where you need to be.