High Tide Inc. (OTCMKTS:HITID – Get Free Report) shares shot up 9.6% during mid-day trading on Wednesday . The company traded as high as $2.44 and last traded at $2.40. 1,056,594 shares traded hands during trading, an increase of 174% from the average session volume of 386,249 shares. The stock had previously closed at $2.19.
High Tide Stock Performance
The firm’s 50 day simple moving average is $2.03 and its 200 day simple moving average is $1.77.
About High Tide
High Tide Inc operates as a vertically-integrated company in the cannabis market in Canada, the United States, and internationally. It engages in the design, manufacture, and distribution of 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.
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