HITI Stock Overview
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
High Tide Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$2.91 |
| 52 Week High | CA$3.83 |
| 52 Week Low | CA$1.53 |
| Beta | 1.12 |
| 1 Month Change | 16.87% |
| 3 Month Change | 14.57% |
| 1 Year Change | 67.24% |
| 3 Year Change | -71.47% |
| 5 Year Change | -52.10% |
| Change since IPO | -51.50% |
Recent News & Updates
Recent updates
High Tide Inc. (CVE:HITI) Screens Well But There Might Be A Catch
Mar 16
Here's Why High Tide (CVE:HITI) Can Afford Some Debt
Sep 23Take Care Before Diving Into The Deep End On High Tide Inc. (CVE:HITI)
Jul 25Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?
Mar 31Is High Tide (CVE:HITI) A Risky Investment?
Nov 16High Tide (CVE:HITI) Is Making Moderate Use Of Debt
Apr 12Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?
Jan 01Is High Tide (CVE:HITI) Weighed On By Its Debt Load?
Sep 17Shareholder Returns
| HITI | CA Pharmaceuticals | CA Market | |
|---|---|---|---|
| 7D | -5.8% | -3.9% | 1.2% |
| 1Y | 67.2% | 53.0% | 6.1% |
Return vs Industry: HITI exceeded the Canadian Pharmaceuticals industry which returned 53% over the past year.
Return vs Market: HITI exceeded the Canadian Market which returned 6.1% over the past year.
Price Volatility
| HITI volatility | |
|---|---|
| HITI Average Weekly Movement | 9.5% |
| Pharmaceuticals Industry Average Movement | 13.8% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.1% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: HITI's share price has been volatile over the past 3 months.
Volatility Over Time: HITI's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 1,449 | Raj Grover | www.hightideinc.com |
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services.
High Tide Inc. Fundamentals Summary
| HITI fundamental statistics | |
|---|---|
| Market cap | CA$230.87m |
| Earnings (TTM) | -CA$35.71m |
| Revenue (TTM) | CA$497.66m |
0.5x
P/S Ratio-6.5x
P/E RatioIs HITI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HITI income statement (TTM) | |
|---|---|
| Revenue | CA$497.66m |
| Cost of Revenue | CA$362.53m |
| Gross Profit | CA$135.13m |
| Other Expenses | CA$170.83m |
| Earnings | -CA$35.71m |
Last Reported Earnings
Jan 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.45 |
| Gross Margin | 27.15% |
| Net Profit Margin | -7.17% |
| Debt/Equity Ratio | 20.7% |
How did HITI perform over the long term?
See historical performance and comparison