Company’s 36-month beta value is 0.65.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HITI is 69.30M, and currently, short sellers hold a 5.77% ratio of that floaft. The average trading volume of HITI on April 16, 2025 was 642.58K shares.
HITI) stock’s latest price update
High Tide Inc (NASDAQ: HITI)’s stock price has soared by 8.33 in relation to previous closing price of 2.04. Nevertheless, the company has seen a gain of 29.24% in its stock price over the last five trading days. marijuanastocks.com reported 2025-04-13 that Marijuana stocks are torn between two ferns, and this has created a volatile frenzy in the sector. It could be that people feel the cannabis sector will eventually take the behavior of other sectors when in a less volatile space. Uncertainty brings lots of fears doubts, and caution on how to proceed in the future. Now with tariffs in place with China, packaging and other logistics concerns for businesses could lead to deeper issues and problems.
HITI’s Market Performance
High Tide Inc (HITI) has experienced a 29.24% rise in stock performance for the past week, with a -9.05% drop in the past month, and a -28.48% drop in the past quarter. The volatility ratio for the week is 7.74%, and the volatility levels for the past 30 days are at 6.35% for HITI. The simple moving average for the past 20 days is 10.78% for HITI’s stock, with a -9.68% simple moving average for the past 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 -4.43% 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 -38.95% of loss for the given period.
Volatility was left at 6.35%, however, over the last 30 days, the volatility rate increased by 7.74%, as shares surge +6.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.33% lower at present.
During the last 5 trading sessions, HITI rose by +29.24%, which changed the moving average for the period of 200-days by -2.21% in comparison to the 20-day moving average, which settled at $2.00. In addition, High Tide Inc saw -28.48% 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
- 0.22 for the gross margin
The net margin for High Tide Inc stands at -0.01. The total capital return value is set at 0.02. Equity return is now at value -4.87, with -2.95 for asset returns.
Based on High Tide Inc (HITI), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is 0.25.
Currently, EBITDA for the company is 33.78 million with net debt to EBITDA at 1.04. When we switch over and look at the enterprise to sales, we see a ratio of 0.53. The receivables turnover for the company is 154.98for trailing twelve months and the total asset turnover is 2.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.
Conclusion
In a nutshell, High Tide Inc (HITI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
