NASDAQ:HITI High Tide (HITI) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free HITI Stock Alerts $2.03 0.00 (0.00%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$1.96▼$2.1350-Day Range$1.62▼$2.6152-Week Range$1.14▼$2.85Volume771,026 shsAverage Volume1.09 million shsMarket Capitalization$161.04 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get High Tide alerts: Email Address High Tide MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside121.7% Upside$4.50 Price TargetShort InterestBearish6.78% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.22Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.19 out of 5 starsMedical Sector797th out of 915 stocksRetail Stores, Not Elsewhere Classified Industry9th out of 12 stocks 3.5 Analyst's Opinion Consensus RatingHigh Tide has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageHigh Tide has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.78% of the float of High Tide has been sold short.Short Interest Ratio / Days to CoverHigh Tide has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in High Tide has recently increased by 47.76%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldHigh Tide does not currently pay a dividend.Dividend GrowthHigh Tide does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HITI. Previous Next 2.9 News and Social Media Coverage News SentimentHigh Tide has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for High Tide this week, compared to 1 article on an average week.Search Interest17 people have searched for HITI on MarketBeat in the last 30 days. This is an increase of 240% compared to the previous 30 days.MarketBeat Follows9 people have added High Tide to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, High Tide insiders have not sold or bought any company stock.Percentage Held by Insiders12.44% of the stock of High Tide is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.52% of the stock of High Tide is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of High Tide is -6.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of High Tide is -6.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioHigh Tide has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsBetter than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.Get the name of the stock here >>> About High Tide Stock (NASDAQ:HITI)High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories. Further, it sells its products through online sales via e-commerce platform. The company offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, and Blessed CBD brands. 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.Read More HITI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HITI Stock News HeadlinesApril 23, 2024 | prnewswire.comHigh Tide Reports Approximately $2 Million in Retail Sales on '4/20'April 18, 2024 | americanbankingnews.comHigh Tide Inc. (NASDAQ:HITI) Short Interest Down 5.5% in MarchApril 28, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.April 15, 2024 | prnewswire.comHigh Tide Announces Participation at Upcoming Cannabis Investment and B2B ConferencesApril 12, 2024 | msn.comHigh Tide CFO Sergio Patino to transition out of roleApril 12, 2024 | marketwatch.comHigh Tide Replacing Chief Financial OfficerApril 12, 2024 | prnewswire.comHigh Tide Announces Transition of Chief Financial OfficerApril 5, 2024 | investorplace.comFuturistic Fortunes: 3 Penny Stocks to Buy Before They Go MainstreamApril 28, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.April 4, 2024 | prnewswire.comHigh Tide to Open Fifth Canna Cabana Store in Mississauga, OntarioApril 1, 2024 | investorplace.comMillion-Dollar Bets: 3 Under-$15 Stocks With Massive PotentialApril 1, 2024 | prnewswire.comHigh Tide Welcomes Start of German Cannabis LegalizationMarch 28, 2024 | prnewswire.comHigh Tide Closes Acquisition of Premium Canadian Cannabis Brand, Queen of BudMarch 26, 2024 | prnewswire.comHigh Tide to Open Fourth Canna Cabana in Mississauga, OntarioMarch 24, 2024 | investorplace.com7 Unknown Penny Growth Stocks That Are About to Pop 1,000%March 21, 2024 | prnewswire.comHigh Tide to Open Third Canna Cabana in Mississauga, OntarioMarch 15, 2024 | msn.comHITI Stock Earnings: High Tide Misses Revenue for Q1 2024March 15, 2024 | prnewswire.comHigh Tide Reports First Quarter 2024 Financial Results Featuring Record Revenue, Record Adjusted EBITDA, and Third Consecutive Quarter of Positive Free Cash Flow as well as Break-Even Net IncomeMarch 14, 2024 | finance.yahoo.comHigh Tide Opens New Canna Cabana Location in Toronto, OntarioMarch 11, 2024 | msn.comHigh tide causes roads in Hampton Beach, other Seacoast towns to floodMarch 4, 2024 | prnewswire.comHigh Tide Opens Second Canna Cabana in Mississauga, OntarioMarch 1, 2024 | prnewswire.comHigh Tide to Announce First Fiscal Quarter 2024 Financial ResultsFebruary 27, 2024 | investorplace.com3 Cannabis Stocks Blazing a Trail to LegalizationFebruary 25, 2024 | msn.comDavid Shribman: The two great tides of American politics are going outFebruary 23, 2024 | prnewswire.comHigh Tide Welcomes Passage of First Pillar of Germany's Cannabis Legalization PlanFebruary 22, 2024 | finance.yahoo.comCanadian Investment Regulatory Organization Trading Halt - HITI.WRFebruary 22, 2024 | prnewswire.comHigh Tide Recognized as a Top 10 Ranked Company in the Diversified Industries Sector by the TSX Venture 50 for 2024See More Headlines Receive HITI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for High Tide and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/18/2024Today4/28/2024Next Earnings (Estimated)6/12/2024Fiscal Year End10/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Retail stores, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:HITI CUSIPN/A CIK1847409 Webwww.hightideinc.com Phone855-747-6420FaxN/AEmployees1,550Year FoundedN/APrice Target and Rating Average Stock Price Target$4.50 High Stock Price Target$4.50 Low Stock Price Target$4.50 Potential Upside/Downside+121.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.33) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-29,140,000.00 Net Margins-7.46% Pretax Margin-8.79% Return on Equity-2.03% Return on Assets-1.23% Debt Debt-to-Equity Ratio0.20 Current Ratio1.13 Quick Ratio0.69 Sales & Book Value Annual Sales$361.57 million Price / Sales0.45 Cash Flow$0.26 per share Price / Cash Flow7.86 Book Value$1.32 per share Price / Book1.54Miscellaneous Outstanding Shares79,330,000Free Float69,466,000Market Cap$161.04 million OptionableOptionable Beta0.54 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Harkirat Grover (Age 42)Founder, CEO, President & Executive Chairman Comp: $467.68kMr. Sergio Patino C.M.A.CPA, Chief Financial OfficerMr. Aman SoodChief Operating OfficerMr. Omar Yar KhanChief Communications & Public Affairs OfficerMr. Andreas-Alexander Palalas (Age 33)Chief Marketing Officer Comp: $160.04kMs. Joy Lisa AvzarVP & Legal CounselMs. Sandy SharmaVice President of Human ResourcesMr. Shimshon Posen J.D.Secretary & TreasurerKrystal DafoeDirector of Corporate GovernanceMore ExecutivesKey CompetitorsGreenwich LifeSciencesNASDAQ:GLSIGenfitNASDAQ:GNFTCompugenNASDAQ:CGENTelomir PharmaceuticalsNASDAQ:TELOAdicet BioNASDAQ:ACETView All CompetitorsInstitutional OwnershipRevisor Wealth Management LLCBought 14,642 shares on 4/23/2024Ownership: 0.018%AdvisorShares Investments LLCSold 20,434 shares on 2/14/2024Ownership: 1.958%Hillsdale Investment Management Inc.Bought 704,892 shares on 2/9/2024Ownership: 0.897%AXS Investments LLCSold 53,649 shares on 2/9/2024Ownership: 0.599%JW Asset Management LLCBought 27,144 shares on 2/9/2024Ownership: 0.130%View All Institutional Transactions HITI Stock Analysis - Frequently Asked Questions Should I buy or sell High Tide stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for High Tide in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HITI shares. View HITI analyst ratings or view top-rated stocks. What is High Tide's stock price target for 2024? 2 analysts have issued 1-year price objectives for High Tide's stock. Their HITI share price targets range from $4.50 to $4.50. On average, they expect the company's stock price to reach $4.50 in the next year. This suggests a possible upside of 121.7% from the stock's current price. View analysts price targets for HITI or view top-rated stocks among Wall Street analysts. How have HITI shares performed in 2024? High Tide's stock was trading at $1.63 at the start of the year. Since then, HITI stock has increased by 24.5% and is now trading at $2.03. View the best growth stocks for 2024 here. Are investors shorting High Tide? High Tide saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 4,610,000 shares, an increase of 47.8% from the March 31st total of 3,120,000 shares. Based on an average trading volume of 578,700 shares, the short-interest ratio is presently 8.0 days. Approximately 6.8% of the company's shares are sold short. View High Tide's Short Interest. When is High Tide's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 12th 2024. View our HITI earnings forecast. How were High Tide's earnings last quarter? High Tide Inc. (NASDAQ:HITI) announced its earnings results on Monday, March, 18th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.03) by $0.02. The company earned $94.76 million during the quarter, compared to analyst estimates of $94.43 million. High Tide had a negative net margin of 7.46% and a negative trailing twelve-month return on equity of 2.03%. During the same quarter in the previous year, the company posted ($0.05) earnings per share. Who are High Tide's major shareholders? High Tide's stock is owned by a number of institutional and retail investors. Top institutional investors include Revisor Wealth Management LLC (0.02%). How do I buy shares of High Tide? Shares of HITI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:HITI) was last updated on 4/28/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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