The stock has a 36-month beta value of 0.66. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HITI is 73.62M, and at present, short sellers hold a 5.45% of that float. On March 14, 2025, the average trading volume of HITI was 660.92K shares.
HITI) stock’s latest price update
The stock price of High Tide Inc (NASDAQ: HITI) has surged by 7.80 when compared to previous closing price of 2.19, but the company has seen a -1.63% decline in its stock price over the last five trading sessions. prnewswire.com reported 2025-03-11 that CALGARY, AB, March 11, 2025 /PRNewswire/ – High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it will release its financial and operational results for the quarter ended January 31, 2025, after financial markets close on Monday, March 17, 2025. High Tide’s first fiscal quarter 2025 financial and operational results will be available on SEDAR+, EDGAR, and on the Company’s website at https://hightideinc.com/invest.
HITI’s Market Performance
High Tide Inc (HITI) has experienced a -1.63% fall in stock performance for the past week, with a -10.23% drop in the past month, and a -29.31% drop in the past quarter. The volatility ratio for the week is 5.04%, and the volatility levels for the past 30 days are at 5.13% for HITI. The simple moving average for the last 20 days is -3.74% for HITI stock, with a simple moving average of -5.35% for the last 200 days.
Analysts’ Opinion of HITI
ROTH Capital, on the other hand, stated in their research note that they expect to see HITI reach a price target of $12. The rating they have provided for HITI stocks is “Buy” according to the report published on September 13th, 2021.
HITI Trading at -14.40% from the 50-Day Moving Average
After a stumble in the market that brought HITI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.78% of loss for the given period.
Volatility was left at 5.13%, however, over the last 30 days, the volatility rate increased by 5.04%, as shares sank -12.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.04% lower at present.
During the last 5 trading sessions, HITI fell by -1.88%, which changed the moving average for the period of 200-days by +1.07% in comparison to the 20-day moving average, which settled at $2.45. In addition, High Tide Inc saw -23.60% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HITI
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.18 for the gross margin
The net margin for High Tide Inc stands at -0.01. The total capital return value is set at 0.04. Equity return is now at value -3.22, with -1.84 for asset returns.
Based on High Tide Inc (HITI), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 0.57.
Currently, EBITDA for the company is 33.78 million with net debt to EBITDA at 0.76. When we switch over and look at the enterprise to sales, we see a ratio of 0.58. The receivables turnover for the company is 157.89for trailing twelve months and the total asset turnover is 2.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.
Conclusion
To sum up, High Tide Inc (HITI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
