Growth Story Still Intact For High Tide Inc (HITI)

High Tide Inc (HITI) concluded trading on Thursday at a closing price of $2.31, with 0.46 million shares of worth about $1.05 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.70% during that period and on April 17, 2025 the price saw a gain of about 3.59%. Currently the company’s common shares owned by public are about 80.91M shares, out of which, 69.30M shares are available for trading.

Stock saw a price change of 17.26% in past 5 days and over the past one month there was a price change of 7.44%. Year-to-date (YTD), HITI shares are showing a performance of -25.24% which increased to 3.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.57 but also hit the highest price of $3.62 during that period. The average intraday trading volume for High Tide Inc shares is 664.58K. The stock is currently trading 15.07% above its 20-day simple moving average (SMA20), while that difference is up 0.81% for SMA50 and it goes to -5.63% lower than SMA200.

High Tide Inc (NASDAQ: HITI) currently have 80.91M outstanding shares and institutions hold larger chunk of about 9.21% of that.

The stock has a current market capitalization of $186.97M and its 3Y-monthly beta is at 0.57. It has posted earnings per share of -$0.06 in the same period. It has Quick Ratio of 0.95 while making debt-to-equity ratio of 0.47. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HITI, volatility over the week remained 5.61% while standing at 6.16% over the month.

Coverage by ROTH Capital stated High Tide Inc (HITI) stock as a Buy in their note to investors on September 13, 2021, suggesting a price target of $12 for the stock.

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