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HITI

High Tide TSXV:HITI Stock Report

Last Price

CA$2.44

Market Cap

CA$171.5m

7D

-2.0%

1Y

-67.3%

Updated

01 Dec, 2022

Data

Company Financials +
HITI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

HITI Stock Overview

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally.

High Tide Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for High Tide
Historical stock prices
Current Share PriceCA$2.44
52 Week HighCA$7.68
52 Week LowCA$1.75
Beta1.04
1 Month Change28.42%
3 Month Change30.48%
1 Year Change-67.29%
3 Year Change-12.07%
5 Year Changen/a
Change since IPO-59.33%

Recent News & Updates

Is High Tide (CVE:HITI) A Risky Investment?

Nov 16
Is High Tide (CVE:HITI) A Risky Investment?

Recent updates

Is High Tide (CVE:HITI) A Risky Investment?

Nov 16
Is High Tide (CVE:HITI) A Risky Investment?

High Tide (CVE:HITI) Is Making Moderate Use Of Debt

Apr 12
High Tide (CVE:HITI) Is Making Moderate Use Of Debt

Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Jan 01
Does High Tide (CVE:HITI) Have A Healthy Balance Sheet?

Is High Tide (CVE:HITI) Weighed On By Its Debt Load?

Sep 17
Is High Tide (CVE:HITI) Weighed On By Its Debt Load?

Did The Underlying Business Drive High Tide's (CVE:HITI) Lovely 429% Share Price Gain?

Mar 05
Did The Underlying Business Drive High Tide's (CVE:HITI) Lovely 429% Share Price Gain?

High Tide (CVE:HITI) Is Making Moderate Use Of Debt

Jan 11
High Tide (CVE:HITI) Is Making Moderate Use Of Debt

Reflecting on High Tide's (CSE:HITI) Share Price Returns Over The Last Year

Nov 19
Reflecting on High Tide's (CSE:HITI) Share Price Returns Over The Last Year

Shareholder Returns

HITICA PharmaceuticalsCA Market
7D-2.0%4.4%0.7%
1Y-67.3%-47.5%0.6%

Return vs Industry: HITI underperformed the Canadian Pharmaceuticals industry which returned -49% over the past year.

Return vs Market: HITI underperformed the Canadian Market which returned 1.8% over the past year.

Price Volatility

Is HITI's price volatile compared to industry and market?
HITI volatility
HITI Average Weekly Movement7.7%
Pharmaceuticals Industry Average Movement14.2%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market4.2%

Stable Share Price: HITI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: HITI's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009996Raj Groverhttps://www.hightideinc.com

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores.

High Tide Inc. Fundamentals Summary

How do High Tide's earnings and revenue compare to its market cap?
HITI fundamental statistics
Market CapCA$171.53m
Earnings (TTM)-CA$22.52m
Revenue (TTM)CA$302.47m

0.6x

P/S Ratio

-7.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HITI income statement (TTM)
RevenueCA$302.47m
Cost of RevenueCA$213.50m
Gross ProfitCA$88.97m
Other ExpensesCA$111.49m
Earnings-CA$22.52m

Last Reported Earnings

Jul 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.32
Gross Margin29.42%
Net Profit Margin-7.45%
Debt/Equity Ratio15.0%

How did HITI perform over the long term?

See historical performance and comparison