In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, High Tide Inc (NASDAQ: HITI) closed at $2.65 down -3.64% from its previous closing price of $2.75. In other words, the price has decreased by -$3.64 from its previous closing price. On the day, 1.69 million shares were traded. HITI stock price reached its highest trading level at $2.69 during the session, while it also had its lowest trading level at $2.47.
Ratios:
For a deeper understanding of High Tide Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.70. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.21.
On September 13, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HITI now has a Market Capitalization of 213792720 and an Enterprise Value of 254873280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 0.499 whereas that against EBITDA is 8.963.
Stock Price History:
Over the past 52 weeks, HITI has reached a high of $3.12, while it has fallen to a 52-week low of $1.14. The 50-Day Moving Average of the stock is 10.35%, while the 200-Day Moving Average is calculated to be 23.65%.
Shares Statistics:
For the past three months, HITI has traded an average of 616.80K shares per day and 809280 over the past ten days. A total of 75.30M shares are outstanding, with a floating share count of 73.26M. Insiders hold about 9.19% of the company’s shares, while institutions hold 7.10% stake in the company. Shares short for HITI as of 1728950400 were 3949304 with a Short Ratio of 6.40, compared to 1726185600 on 4456861.
