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NASDAQ: HITI
High Tide Inc Stock

$2.29-0.04 (-1.72%)
Updated Oct 14, 2024
HITI Price
$2.29
Fair Value Price
N/A
Market Cap
$184.22M
52 Week Low
$1.14
52 Week High
$2.85
P/E
-5.73x
P/B
1.27x
P/S
0.29x
PEG
N/A
Dividend Yield
N/A
Revenue
$511.12M
Earnings
-$30.44M
Gross Margin
27.3%
Operating Margin
-4.17%
Profit Margin
-6%
Debt to Equity
0.63
Operating Cash Flow
$36M
Beta
1.18
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

HITI Overview

High Tide Inc. retails cannabis through franchised stores in the U.S., Canada, and internationally. High Tide also wholesales cannabis products. Further, the company manufactures and distributes smoking accessories and cannabis lifestyle products, as well as providing data analytics services. Online, it operates the Grasscity.com and CBDcity.com platforms. Formerly known as High Tide Ventures Inc., High Tide was founded in 2009 and is headquartered in Calgary, Alberta, Canada.

Zen Score

Industry Average (21)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how HITI scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

HITI is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
HITI is poor value based on its book value relative to its share price (1.27x), compared to the US Pharmaceutical Retailers industry average (0.59x)
P/B vs Industry Valuation
HITI is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more HITI due diligence checks available for Premium users.

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HITI News

Valuation

HITI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-5.73x
Industry
-1.82x
Market
27.44x

HITI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.27x
Industry
0.59x
HITI is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HITI's financial health

Profit margin

Revenue
$131.7M
Net Income
$717.0k
Profit Margin
0.5%
HITI's Earnings (EBIT) of -$21.34M... subscribe to Premium to read more.
Interest Coverage Financials
HITI's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$238.5M
Liabilities
$90.8M
Debt to equity
0.63
HITI's short-term assets ($75.67M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HITI's short-term assets ($75.67M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HITI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$6.2M
Investing
-$3.3M
Financing
-$1.8M
HITI's operating cash flow ($35.53M)... subscribe to Premium to read more.
Debt Coverage Financials

HITI vs Pharmaceutical Retailer Stocks

TickerMarket Cap1d %P/EP/B
HITI$184.22M-1.72%-5.73x1.27x
PETS$82.40M+2.56%-30.77x0.88x
YI$78.42M-4.69%N/A-0.92x
SCNX$10.33M-2.14%-78.72x0.88x
SSY$5.67M+0.50%-3.66x0.35x

High Tide Stock FAQ

What is High Tide's quote symbol?

(NASDAQ: HITI) High Tide trades on the NASDAQ under the ticker symbol HITI. High Tide stock quotes can also be displayed as NASDAQ: HITI.

If you're new to stock investing, here's how to buy High Tide stock.

What is the 52 week high and low for High Tide (NASDAQ: HITI)?

(NASDAQ: HITI) High Tide's 52-week high was $2.85, and its 52-week low was $1.14. It is currently -19.65% from its 52-week high and 100.88% from its 52-week low.

How much is High Tide stock worth today?

(NASDAQ: HITI) High Tide currently has 80,445,707 outstanding shares. With High Tide stock trading at $2.29 per share, the total value of High Tide stock (market capitalization) is $184.22M.

High Tide stock was originally listed at a price of $9.00 in Jun 2, 2021. If you had invested in High Tide stock at $9.00, your return over the last 3 years would have been -74.56%, for an annualized return of -36.63% (not including any dividends or dividend reinvestments).

How much is High Tide's stock price per share?

(NASDAQ: HITI) High Tide stock price per share is $2.29 today (as of Oct 14, 2024).

What is High Tide's Market Cap?

(NASDAQ: HITI) High Tide's market cap is $184.22M, as of Oct 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

High Tide's market cap is calculated by multiplying HITI's current stock price of $2.29 by HITI's total outstanding shares of 80,445,707.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.