Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting 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
The closing price of High Tide Inc (NASDAQ: HITI) was $2.57 for the day, down -1.15% from the previous closing price of $2.60. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 0.55 million shares were traded. HITI stock price reached its highest trading level at $2.6399 during the session, while it also had its lowest trading level at $2.5601.
Ratios:
Our analysis of HITI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.95. 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 207338592 and an Enterprise Value of 240351520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 0.47 whereas that against EBITDA is 8.452.
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 4.29%, while the 200-Day Moving Average is calculated to be 18.83%.
Shares Statistics:
HITI traded an average of 674.37K shares per day over the past three months and 1022280 shares per day over the past ten days. A total of 75.30M shares are outstanding, with a floating share count of 73.39M. Insiders hold about 9.03% of the company’s shares, while institutions hold 6.86% stake in the company. Shares short for HITI as of 1730332800 were 4238578 with a Short Ratio of 5.86, compared to 1727654400 on 3949304.
