High Tide Stock Analysis

High Stock Analysis Notes

About 12.0% of the company shares are held by company insiders. The book value of High Tide was currently reported as 0.73. The company recorded a loss per share of 0.45. High Tide had not issued any dividends in recent years. The entity had 1:15 split on the 13th of May 2021. High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada. High Tide operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 996 people. To learn more about High Tide call Harkirat Grover at 403 265 4207 or check out https://www.hightideinc.com.

High Tide Investment Alerts

High Largest EPS Surprises

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High Tide Environmental, Social, and Governance (ESG) Scores

High Stock Institutional Investors

Note, although High Tide's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

High Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 198.52 M.

High Profitablity

The company has Profit Margin (PM) of (0.09) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.

Management Efficiency

High Tide has return on total asset (ROA) of 0.0324 % which means that it generated a profit of $0.0324 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.414) %, meaning that it created substantial loss on money invested by shareholders. High Tide's management efficiency ratios could be used to measure how well High Tide manages its routine affairs as well as how well it operates its assets and liabilities. The High Tide's current Return On Capital Employed is estimated to increase to 0.06, while Return On Tangible Assets are projected to decrease to (0.28). As of now, High Tide's Other Current Assets are increasing as compared to previous years. The High Tide's current Total Current Assets is estimated to increase to about 165.3 M, while Intangible Assets are projected to decrease to under 31.8 M.

Technical Drivers

As of the 5th of February, High Tide retains the Standard Deviation of 3.01, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (0.41). High Tide technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

High Tide Price Movement Analysis

High Tide Outstanding Bonds

High Tide Predictive Daily Indicators

High Tide Forecast Models

High Tide's time-series forecasting models are one of many High Tide's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary High Tide's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

High Tide Bond Ratings

High Tide financial ratings play a critical role in determining how much High Tide have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for High Tide's borrowing costs.

High Tide Debt to Cash Allocation

High Tide currently holds 149.81 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. High Tide has a current ratio of 1.21, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Note, when we think about High Tide's use of debt, we should always consider it together with its cash and equity.

High Tide Total Assets Over Time

High Tide Assets Financed by Debt

The debt-to-assets ratio shows the degree to which High Tide uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

High Tide Debt Ratio

52.0

It feels like under 48% of High Tide's assets are financed be debt. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the High Tide's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of High Tide, which in turn will lower the firm's financial flexibility.

High Tide Corporate Bonds Issued

High Short Long Term Debt Total

Stock analysis is the technique used by a trader or investor to examine and evaluate how High Tide prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling High shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as High Tide. By using and applying High Stock analysis, traders can create a robust methodology for identifying High entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. High analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. High analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

High Tide stock analysis indicators help investors evaluate how High Tide stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading High Tide shares will generate the highest return on investment. By understating and applying High Tide stock analysis, traders can identify High Tide position entry and exit signals to maximize returns.

When running High Tide's price analysis, check to measure High Tide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.