High Tide Inc (NASDAQ: HITI) kicked off on Monday, up 12.03% from the previous trading day, before settling in for the closing price of $2.66. Over the past 52 weeks, HITI has traded in a range of $1.64-$3.62.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 51.48%. While this was happening, its average annual earnings per share was recorded -25.83%. With a float of $69.18 million, this company’s outstanding shares have now reached $81.04 million.
Let’s determine the extent of company efficiency that accounts for 1750 employees. In terms of profitability, gross margin is 25.83%, operating margin of 0.22%, and the pretax margin is -1.62%.
High Tide Inc (HITI) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Pharmaceutical Retailers Industry. The insider ownership of High Tide Inc is 14.63%, while institutional ownership is 7.51%.
High Tide Inc (HITI) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.01 earnings per share (EPS), higher than consensus estimate (set at 0) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.83% per share during the next fiscal year.
High Tide Inc (NASDAQ: HITI) Trading Performance Indicators
Take a look at High Tide Inc’s (HITI) current performance indicators. Last quarter, stock had a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61. Likewise, its price to free cash flow for the trailing twelve months is 22.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.09, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.08 in one year’s time.
Technical Analysis of High Tide Inc (HITI)
Looking closely at High Tide Inc (NASDAQ: HITI), its last 5-days average volume was 1.04 million, which is a jump from its year-to-date volume of 0.5 million. As of the previous 9 days, the stock’s Stochastic %D was 93.58%.
During the past 100 days, High Tide Inc’s (HITI) raw stochastic average was set at 98.53%, which indicates a significant increase from 97.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.11 in the past 14 days, which was higher than the 0.09 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.32, while its 200-day Moving Average is $2.54. However, in the short run, High Tide Inc’s stock first resistance to watch stands at $3.07. Second resistance stands at $3.16. The third major resistance level sits at $3.32. If the price goes on to break the first support level at $2.82, it is likely to go to the next support level at $2.66. Now, if the price goes above the second support level, the third support stands at $2.57.
High Tide Inc (NASDAQ: HITI) Key Stats
The company with the Market Capitalisation of 241.50 million has total of 81,203K Shares Outstanding. Its annual sales at the moment are 383,740 K in contrast with the sum of -3,190 K annual income. Company’s last quarter sales were recorded 96,970 K and last quarter income was -2,040 K.
