HITI.V · High Tide Inc

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Admin

3 years, 7 months ago

High Tide Inc is currently in a long term uptrend where the price is trading 24.8% above its 200 day moving average.

From a valuation standpoint, the stock is 99.6% cheaper than other stocks from the Consumer Defensive sector with a price to sales ratio of 2.7.

High Tide Inc's total revenue rose by 180.5% to $38M since the same quarter in the previous year.

Its net income has dropped by 338.8% to $-17M since the same quarter in the previous year.

Finally, its free cash flow grew by 73.3% to $-220K since the same quarter in the previous year.

Based on the above factors, High Tide Inc gets an overall score of 4/5.

Industry	Pharmaceutical Retailers
Sector	Healthcare
ISIN	CA42981E4013
CurrencyCode	CAD
Exchange	V

Market Cap	131M
Target Price	5.8
PE Ratio	None
Beta	1.19
Dividend Yield	0.0%

ABOUT

High Tide Inc

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company manufactures and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company operates data analytics service platform, as well as operates Grasscity.com and CBDcity.com platforms. As of January 9, 2023, it operated 151 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.

HITI.V · High Tide Inc

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High Tide Inc

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