HITI Stock Overview
Engages in the cannabis retail business in Canada, the United States, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| 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$3.03 |
| 52 Week High | CA$3.83 |
| 52 Week Low | CA$1.53 |
| Beta | 1.06 |
| 11 Month Change | -11.14% |
| 3 Month Change | 14.34% |
| 1 Year Change | 82.53% |
| 33 Year Change | -67.52% |
| 5 Year Change | -40.59% |
| Change since IPO | -49.50% |
Recent News & Updates
Recent updates
Here's What Analysts Are Forecasting For High Tide Inc. (CVE:HITI) After Its Second-Quarter Results
Jun 16
High Tide (CVE:HITI) Seems To Use Debt Quite Sensibly
Apr 25High Tide Inc. (CVE:HITI) Screens Well But There Might Be A Catch
Mar 16Here'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 01Shareholder Returns
| HITI | CA Pharmaceuticals | CA Market | |
|---|---|---|---|
| 7D | -4.7% | -0.7% | 1.5% |
| 1Y | 82.5% | 32.8% | 8.4% |
Return vs Industry: HITI exceeded the Canadian Pharmaceuticals industry which returned 33.2% over the past year.
Return vs Market: HITI exceeded the Canadian Market which returned 8.4% over the past year.
Price Volatility
| HITI volatility | |
|---|---|
| HITI Average Weekly Movement | 10.6% |
| Pharmaceuticals Industry Average Movement | 12.7% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CA Market | 16.7% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: HITI has not had significant price volatility in the past 3 months.
Volatility Over Time: HITI's weekly volatility (11%) 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$243.75m |
| Earnings (TTM) | -CA$34.35m |
| Revenue (TTM) | CA$503.78m |
0.5x
P/S Ratio-7.1x
P/E RatioIs HITI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HITI income statement (TTM) | |
|---|---|
| Revenue | CA$503.78m |
| Cost of Revenue | CA$364.93m |
| Gross Profit | CA$138.86m |
| Other Expenses | CA$173.21m |
| Earnings | -CA$34.35m |
Last Reported Earnings
Apr 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.43 |
| Gross Margin | 27.56% |
| Net Profit Margin | -6.82% |
| Debt/Equity Ratio | 21.1% |
How did HITI perform over the long term?
See historical performance and comparison