High Tide Inc. (NASDAQ:HITI)’s traded shares stood at 1.06 million during the last session, with the company’s beta value hitting 0.78. At the close of trading, the stock’s price was $2.40, to imply an increase of 9.59% or $0.21 in intraday trading. The HITI share’s 52-week high remains $2.85, putting it -18.75% down since that peak but still an impressive 52.5% since price per share fell to its 52-week low of $1.14. The company has a valuation of $180.72M, with an average of 668.51K shares over the past 3 months.
High Tide Inc. (NASDAQ:HITI) trade information
After registering a 9.59% upside in the last session, High Tide Inc. (HITI) has traded red over the past five days. The stock hit a weekly high of 2.43, jumping 9.59% in its intraday price action. The 5-day price performance for the stock is 9.59%, and 0.42% over 30 days. With these gigs, the year-to-date price performance is 47.24%.
High Tide Inc. (HITI) estimates and forecasts
Looking at statistics comparing High Tide Inc. share performance against respective industry, we note that the company has outperformed competitors. High Tide Inc. (HITI) shares are 65.52% up over the last 6 months, with its year-to-date growth rate higher than industry average at 100.00% against 17.70%. The rating firms project that company’s revenue will grow 8.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 93.33M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 96.92M.
HITI Dividends
High Tide Inc. has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. High Tide Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
