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 |
High Tide Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$2.14 |
| 52 Week High | CA$2.85 |
| 52 Week Low | CA$1.14 |
| Beta | 1.12 |
| 1 Month Change | 13.83% |
| 3 Month Change | 13.23% |
| 1 Year Change | 69.84% |
| 3 Year Change | -74.52% |
| 5 Year Change | -52.52% |
| Change since IPO | -57.32% |
Recent News & Updates
Recent updates
High Tide's NuLeaf Naturals multicannabinoid products available for sale in Ontario
Oct 18High Tide to acquire Jimmy's Cannabis Shop BC for $5.3M
Sep 29High Tide GAAP EPS of -C$0.05, revenue of C$95.35M
Sep 14High Tide gets access to C$19M credit facility
Aug 18High Tide undertakes control of Three Kushbar locations in Alberta
Jul 28High Tide to raise C$10M in equity offering
Jul 19High tide opens first canna cabana store in British Columbia
Jul 13High Tide to acquire 9 retail cannabis stores from Choom for C$5.1M
Jul 07High Tide opens new Canna Cabana store in Sherwood Park
Jun 30'We Don't Need Legalization' - High Tide CEO Raj Grover
May 19Cannabis Retailer High Tide Reports 99% Revenue Growth For Q3 2021
Sep 22High Tide: Overlooked Canadian Cannabis Stock
Jul 01High Tide Will Continue Delivering Superior Returns
Jun 22Shareholder Returns
| HITI | US Pharmaceuticals | US Market | |
|---|---|---|---|
| 7D | -4.5% | 0.9% | 1.2% |
| 1Y | 69.8% | 13.9% | 24.7% |
Return vs Industry: HITI exceeded the US Pharmaceuticals industry which returned 13.9% over the past year.
Return vs Market: HITI exceeded the US Market which returned 24.7% over the past year.
Price Volatility
| HITI volatility | |
|---|---|
| HITI Average Weekly Movement | 9.6% |
| Pharmaceuticals Industry Average Movement | 9.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US 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 (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 | US$169.00m |
| Earnings (TTM) | -US$26.14m |
| Revenue (TTM) | US$364.29m |
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