High Tide Stock Today

HITI Stock  CAD 4.48  0.06  1.36%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 30

 
High
 
Low
Below Average
High Tide is selling for under 4.48 as of the 18th of January 2025; that is 1.36 percent increase since the beginning of the trading day. The stock's lowest day price was 4.43. High Tide has about a 30 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Consumer Staples Distribution & Retail
Category
Healthcare
Classification
Consumer Staples
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 111.89 K shares are currently shorted by private and institutional investors with about 1.19 days to cover all short positions. More on High Tide

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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's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to High Tide's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
High Tide can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand High Tide's financial leverage. It provides some insight into what part of High Tide's total assets is financed by creditors.
Liquidity
High Tide cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. High Tide has accumulated 72.53 M in total debt with debt to equity ratio (D/E) of 0.36, which is about average as compared to similar companies. High Tide has a current ratio of 1.59, which is within standard range for the sector. Debt can assist High Tide until it has trouble settling it off, either with new capital or with free cash flow. So, High Tide's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like High Tide sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for High to invest in growth at high rates of return. When we think about High Tide's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

43.86 Million
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 361.43 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 111.89 K shares are currently shorted by private and institutional investors with about 1.19 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.
Check High Tide Probability Of Bankruptcy
Ownership Allocation
High Tide has a total of 80.68 Million outstanding shares. High Tide retains 8.75 (percent) of its outstanding shares held by insiders and 7.63 (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.
Check High Ownership Details

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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Our tools can tell you how much better you can do entering a position in High Tide without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.