High Tide Inc. (OTCMKTS:HITID – Get Free Report) shares dropped 2.6% on Tuesday . The company traded as low as $2.60 and last traded at $2.63. Approximately 594,053 shares changed hands during trading, an increase of 54% from the average daily volume of 386,249 shares. The stock had previously closed at $2.70.
High Tide Stock Performance
The firm’s 50 day moving average is $3.34 and its 200-day moving average is $2.79.
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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