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As of close of business last night, High Tide Inc’s stock clocked out at $3.05, down -5.28% from its previous closing price of $3.22. In other words, the price has decreased by -$5.28 from its previous closing price. On the day, 0.8 million shares were traded. HITI stock price reached its highest trading level at $3.2 during the session, while it also had its lowest trading level at $3.0.
Ratios:
To gain a deeper understanding of HITI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.93. 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 246063312 and an Enterprise Value of 279076224. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 0.546 whereas that against EBITDA is 9.814.
Stock Price History:
Over the past 52 weeks, HITI has reached a high of $3.62, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is 3.12%, while the 200-Day Moving Average is calculated to be 30.06%.
Shares Statistics:
It appears that HITI traded 801.99K shares on average per day over the past three months and 599130 shares per day over the past ten days. A total of 80.45M shares are outstanding, with a floating share count of 73.39M. Insiders hold about 9.03% of the company’s shares, while institutions hold 6.78% stake in the company. Shares short for HITI as of 1734048000 were 4048124 with a Short Ratio of 4.92, compared to 1731628800 on 3619892.
