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.
In the latest session, High Tide Inc (NASDAQ: HITI) closed at $2.31 down -1.70% from its previous closing price of $2.35. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 0.64 million shares were traded.
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 7.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.31.
On September 13, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $12.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.90.
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 $1.57. The 50-Day Moving Average of the stock is 4.91%, while the 200-Day Moving Average is calculated to be -7.09%.
Shares Statistics:
A total of 80.91M shares are outstanding, with a floating share count of 69.30M. Insiders hold about 14.38% of the company’s shares, while institutions hold 8.20% stake in the company.
