High Tide Inc. (NASDAQ:HITI) currently has a daily average trading volume of 537.38K but it saw 1043627 shares traded in last market. With a market cap of 224.29M USD, the company’s current market price of $2.78 came falling about -4.79 while comparing to the previous closing price of $2.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.12 and as low as $1.14. In the recent trading on the day, stock has struck highest price mark of $2.66 while lowest mark touched by it was $2.95.
Taking a look at 20-day trading activity of High Tide Inc. (HITI) gives us an average price of $2.36, while its current price level is -10.90% below from 52-week high level whereas it is 143.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.17 while that of 200 days or SMA-200 reads an average of $2.08. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.57% during that period while stretching the period over a month that decreases to 6.11%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 70.21 which implies that the stock is in overbought territory.
Over the week, HITI’s stock price is moving 11.65% up while it is 37.62% when we observe its performance for the past one month. Year-to-date it is 70.55% up and over the past year, the stock is showing an upside performance of 95.77%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.04 beat the consensus estimate of -0.03 for the same. The company is expected to be releasing its next quarterly report on 2025-Jan-27, for which analysts forecasted an EPS of -0.02 while estimate for next year EPS is -0.01. In next quarter, company is expected to be making quarterly sales of $100.92M as analysts are expecting the sales for current fiscal year at $375.84M and seeing the company making $427.01M in sales next year. Moreover, analysts are in estimates of $97.91M for current-quarter revenue.
Currently, High Tide Inc.’s total number of outstanding shares is 75.30M. Company’s return on investment (ROI) stands at -17.67% and return on equity (ROE) at -19.85%. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 2.13 while price to sale or P/S ratio amounts to 0.60. Its return on asset (ROA) is -11.99% on average.
