HITI to $4.20?Impressive revenues and new store openings, coupled with an eagerness to expand into other countries, could signify just the beginning for this cannabis company.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
−0.40 CAD
−39.31 M CAD
487.67 M CAD
73.26 M
About HIGH TIDE INC
Sector
Industry
CEO
Harkirat Grover
Website
Headquarters
Calgary
Founded
2009
FIGI
BBG00MF4XNR0
High Tide, Inc. is a retail-focused cannabis company, which engages in the manufacture and distribution of consumption accessories. It operates through the following segments: Retail, Wholesale, and Corporate. Its brands are Canna Cabana, Fastendr, Grasscity, Smoke Cartel, Daily High Club, DankStop, NuLeaf Naturals, FAB CBD, Blessed CBD, Valiant Distribution, and Famous Brandz. The company was founded by Harkirat Grover in 2009 and is headquartered in Calgary, Canada.
A Rising TideHITI
$250M Marketcap
Beat earning 6 quarters in a row
From FWB:30M to $450M annual revenue growth the past 5 years,
Cannabis market is growing and US legal ease will only accelerate.
Nice bottom formed and ramping up.
Take profits at first resistance $6-8
Then good 5 year play.
$HITI HOLD/BUYTA:
- there is usually a daily short-term resistance to MA50 (blue line at $2.50);
- the problem will be at $2.74-2.78 at the annual low of 2021 and at 23.8% of GNH, where it has already resisted twice: 17 May and 31 May '22 ;
- on the one hand we have a strong support between $1.47-1.79, which shou
HITI Bounced off resistance and heading higher ahead of earningsMy thoughts on HITI with current progress made by the company with acquisition and openings of new stores. Earnings are coming out on March 7th which I think will be well received. If we breakthrough resistance around $7.50 we could head higher towards $9.80. MACD cross should see price continue to
HITI CRAZY MOVES! HIGH WATCH HITI Sitting right above that $7.80 resistance and has not moved AH... This can potentially be a PM Trade Or it can ease into open we just need the same average dollar volume as we did at close on Friday
These are my three PT's above 9.70s is ATH and we know what happens from there
Long Term Buy on HITIAs many of you already know, I've been bullish on HITI for quite some time, waiting for the right entry. This is one of my favorite cannabis stocks, and I'm bullish the cannabis sector overall. This may not be a quick play; I'm expecting to hold my cannabis stocks for quite some time.
On the da
About to break resistanceI see this hitting $8.30 before bouncing and crossing resistance around $8.95.
The next point of resistance is likely around $10.90.
Lots of institutions buying up this stock in the last quarter. More coverage from analysts.
HITI Update - LongHITI Update Long - Trade Idea
Multiple confirmations to take this trade, long hold!
Thanks,
TP
HITIHITI will retrace a little further. Be patient with your buy order and hold to at least 11.39.
Buy 1: 6.70
Buy 2: 5.80
Stop limit (close) 5.30
Sell 1:11.39
Sell 2: 13.60
HITI ready to bounceAfter a triple support convergence on 17 June and a strong bounce-up on 18 June, HITI is again nearing the long term support line.
I am long HITI and will add to my position on the next bounce.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of HITI is 3.80 CAD — it has increased by 1.06% in the past 24 hours. Watch HIGH TIDE INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TSXV exchange HIGH TIDE INC stocks are traded under the ticker HITI.
HITI stock has fallen by −2.56% compared to the previous week, the month change is a 26.67% rise, over the last year HIGH TIDE INC has showed a 96.89% increase.
We've gathered analysts' opinions on HIGH TIDE INC future price: according to them, HITI price has a max estimate of 8.50 CAD and a min estimate of 4.50 CAD. Watch HITI chart and read a more detailed HIGH TIDE INC stock forecast: see what analysts think of HIGH TIDE INC and suggest that you do with its stocks.
HITI reached its all-time high on Feb 8, 2021 with the price of 16.94 CAD, and its all-time low was 1.42 CAD and was reached on Mar 15, 2023. View more price dynamics on HITI chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
HITI stock is 6.17% volatile and has beta coefficient of 1.01. Track HIGH TIDE INC stock price on the chart and check out the list of the most volatile stocks — is HIGH TIDE INC there?
Today HIGH TIDE INC has the market capitalization of 306.57 M, it has decreased by −1.97% over the last week.
Yes, you can track HIGH TIDE INC financials in yearly and quarterly reports right on TradingView.
HIGH TIDE INC is going to release the next earnings report on Feb 27, 2025. Keep track of upcoming events with our Earnings Calendar.
HITI earnings for the last quarter are 0.01 CAD per share, whereas the estimation was −0.01 CAD resulting in a 200.00% surprise. The estimated earnings for the next quarter are −0.01 CAD per share. See more details about HIGH TIDE INC earnings.
HIGH TIDE INC revenue for the last quarter amounts to 131.69 M CAD, despite the estimated figure of 127.95 M CAD. In the next quarter, revenue is expected to reach 135.32 M CAD.
HITI net income for the last quarter is 717.00 K CAD, while the quarter before that showed −25.00 K CAD of net income which accounts for 2.97 K% change. Track more HIGH TIDE INC financial stats to get the full picture.
No, HITI doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 10, 2024, the company has 1.55 K employees. See our rating of the largest employees — is HIGH TIDE INC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. HIGH TIDE INC EBITDA is 41.32 M CAD, and current EBITDA margin is 6.17%. See more stats in HIGH TIDE INC financial statements.
Like other stocks, HITI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade HIGH TIDE INC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So HIGH TIDE INC technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating HIGH TIDE INC stock shows the buy signal. See more of HIGH TIDE INC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.