Buy, Sell Or Hold High Tide Inc. (NASDAQ:HITI) At $2.36?

In recent trading session, High Tide Inc. (NASDAQ:HITI) saw 0.81 million shares changing hands at last check today with its beta currently measuring 0.80. Company’s recent per share price level of $2.36 trading at -$0.2 or -7.81% at last check today assigns it a market valuation of $189.79M. That most recent trading price of HITI’s stock is at a discount of -20.76% from its 52-week high price of $2.85 and is indicating a premium of 51.69% from its 52-week low price of $1.14. Taking a look at company’s average trading volume volume of 803.76K if we extend that period to 3-months.

High Tide Inc. (NASDAQ:HITI) trade information

Upright in the red during last session for losing -7.81%, in the last five days HITI remained trading in the red while hitting it’s week-highest on Thursday, 06/13/24 when the stock touched $2.36 price level, adding 13.24% to its value on the day. High Tide Inc.’s shares saw a change of 44.79% in year-to-date performance and have moved -7.45% in past 5-day. High Tide Inc. (NASDAQ:HITI) showed a performance of -1.26% in past 30-days.

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High Tide Inc. (HITI) estimates and forecasts

Statistics highlight that High Tide Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 49.37% of value to its shares in past 6 months, showing an annual growth rate of 100.00% while that of industry is 12.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -7.01% during past 5 years.

HITI Dividends

High Tide Inc. is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.