During the last session, High Tide Inc. (NASDAQ:HITI)’s traded shares were 0.77 million, with the beta value of the company hitting 0.88. The 52-week high for the HITI share is $2.85, that puts it down -40.39 from that peak though still a striking 43.84% gain since the share price plummeted to a 52-week low of $1.14. The company’s market capitalization is $152.86M, and the average trade volume was 595.05K shares over the past three months.
High Tide Inc. (NASDAQ:HITI) trade information
The stock’s 5-day price performance is -10.18%, and it has moved by -1.46% in 30 days. Based on these gigs, the overall price performance for the year is 61.11%.
High Tide Inc. (HITI) estimates and forecasts
Statistics show that High Tide Inc. has outperformed its competitors in share price, compared to the industry in which it operates. High Tide Inc. (HITI) shares have gone up 39.04% during the last six months, with a year-to-date growth rate more than the industry average at 100.00% against 18.30. In the rating firms’ projections, revenue will increase 8.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 93.07M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 96.65M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -7.01%.
HITI Dividends
High Tide Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
