High Tide Stock Today

HITI Stock  CAD 4.53  0.21  4.43%   

Performance

15 of 100

 
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Odds Of Distress

Less than 18

 
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Low
High Tide is selling for under 4.53 as of the 11th of December 2024; that is 4.43 percent decrease since the beginning of the trading day. The stock's lowest day price was 4.44. High Tide has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 11th of December 2024. Click here to learn more.
High Tide Inc. operates as a vertically-integrated company in the cannabis market in Canada, 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 Exotistan and is traded on Commodity Exchange.. The company has 80.68 M outstanding shares of which 334.7 K shares are currently shorted by private and institutional investors with about 1.93 days to cover all short positions. More on High Tide

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Moving against High Stock

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High Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. High Tide's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding High Tide or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationConsumer Staples Distribution & Retail, Consumer Staples, Consumer Staples, Consumer Staples Distribution & Retail, Pharmaceutical Retailers, Healthcare (View all Sectors)
High Tide (HITI) is traded on TSX Venture Exchange in Canada and employs 1,550 people. High Tide is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 396.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate High Tide's market, we take the total number of its shares issued and multiply it by High Tide's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. High Tide operates under Consumer Staples Distribution & Retail sector and is part of Consumer Staples industry. The entity has 80.68 M outstanding shares of which 334.7 K shares are currently shorted by private and institutional investors with about 1.93 days to cover all short positions. High Tide has accumulated about 27.89 M in cash with 20.66 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
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Ownership Allocation
High Tide has a total of 80.68 Million outstanding shares. High Tide retains 8.8 (percent) of its outstanding shares held by insiders and 10.1 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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High Tide Risk Profiles

Although High Tide's alpha and beta are two of the key measurements used to evaluate High Tide's performance over the market, the standard measures of volatility play an important role as well.

High Stock Against Markets

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High Tide Corporate Management

Elected by the shareholders, the High Tide's board of directors comprises two types of representatives: High Tide inside directors who are chosen from within the company, and outside directors, selected externally and held independent of High. The board's role is to monitor High Tide's management team and ensure that shareholders' interests are well served. High Tide's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, High Tide's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for High Stock Analysis

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.