High Tide Stock Today

HITI Stock  USD 2.36  0.17  7.76%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Average

 
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High Tide is trading at 2.36 as of the 16th of March 2025. This is a 7.76 percent increase since the beginning of the trading day. The stock's open price was 2.19. High Tide has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 16th of December 2024 and ending today, the 16th of March 2025. Click here to learn more.
Business Domain
Consumer Staples Distribution & Retail
IPO Date
28th of January 2019
Category
Healthcare
Classification
Consumer Staples
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada. High Tide operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. The company has 80.9 M outstanding shares of which 4.02 M shares are currently shorted by private and institutional investors with about 6.13 trading days to cover. More on High Tide

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Follow Valuation Options Odds of Bankruptcy
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High Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationConsumer Staples Distribution & Retail, Consumer Staples, NASDAQ Composite, NASDAQ Health Care, Consumer Staples, Consumer Staples Distribution & Retail, Pharmaceutical Retailers, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.01.91
Sufficiently Up
Slightly volatile
Gross Profit Margin0.40.31
Significantly Up
Slightly volatile
Total Current Liabilities38.8 M70.7 M
Way Down
Slightly volatile
Non Current Liabilities Total32.8 M45.1 M
Way Down
Slightly volatile
Total Assets157.9 M283.1 M
Way Down
Slightly volatile
Total Current AssetsM6.3 M
Notably Down
Slightly volatile
Debt Levels
High Tide can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand High Tide's financial leverage. It provides some insight into what part of High Tide's total assets is financed by creditors.
Liquidity
High Tide currently holds 74.61 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. High Tide has a current ratio of 1.21, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Note, when we think about High Tide's use of debt, we should always consider it together with its cash and equity.

Net Borrowings

(1.62 Million)
High Tide (HITI) is traded on NASDAQ Exchange in USA. It is located in 11127 - 15 Street N.E., Calgary, AB, Canada, T3K 2M4 and employs 1,750 people. High Tide is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 194.31 M. High Tide conducts business under Consumer Staples Distribution & Retail sector and is part of Consumer Staples industry. The entity has 80.9 M outstanding shares of which 4.02 M shares are currently shorted by private and institutional investors with about 6.13 trading days to cover. High Tide currently holds about 18.74 M in cash with 35.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
Check High Tide Probability Of Bankruptcy
Ownership Allocation
High Tide has a total of 80.9 Million outstanding shares. High Tide retains 14.12 (percent) of its outstanding shares held by insiders and 10.1 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check High Ownership Details

High Stock Institutional Holders

InstituionRecorded OnShares
Millennium Management Llc2024-12-31
123 K
Jw Asset Management, Llc2024-12-31
102.1 K
Federation Des Caisses Desjardins Du Quebec2024-12-31
95.3 K
Morgan Stanley - Brokerage Accounts2024-12-31
74.7 K
Royal Bank Of Canada2024-12-31
73.5 K
Jane Street Group Llc2024-12-31
53.1 K
Lazard Asset Management Llc2024-12-31
51.5 K
Centiva Capital Lp2024-12-31
49.7 K
Group One Trading, Lp2024-12-31
49.5 K
Advisorshares Investments, Llc2024-12-31
1.4 M
Renaissance Technologies Corp2024-12-31
839.6 K
View High Tide Diagnostics

High Tide Historical Income Statement

As of now, High Tide's Gross Profit is increasing as compared to previous years. The High Tide's current Other Operating Expenses is estimated to increase to about 186.1 M, while Tax Provision is projected to decrease to (560.4 K). View More Fundamentals

High Stock Against Markets

High Tide Corporate Management

Omar KhanChief OfficerProfile
CPA CMAChief OfficerProfile
Aman SoodChief OfficerProfile
AndreasAlexander PalalasChief OfficerProfile
Joy AvzarSenior ComplianceProfile
Harkirat GroverCEO, FounderProfile
Sandy SharmaVice ResourcesProfile
When determining whether High Tide offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of High Tide's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of High Tide Stock. Outlined below are crucial reports that will aid in making a well-informed decision on High Tide Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of High Tide. If investors know High will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about High Tide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.03)
Revenue Per Share
6.565
Quarterly Revenue Growth
0.088
Return On Assets
0.0399
Return On Equity
(0.03)
The market value of High Tide is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Tide's value that differs from its market value or its book value, called intrinsic value, which is High Tide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because High Tide's market value can be influenced by many factors that don't directly affect High Tide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between High Tide's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Tide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Tide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.