High Tide Inc (NASDAQ: HITI) kicked off on Friday, down -5.09% from the previous trading day, before settling in for the closing price of $3.73. Over the past 52 weeks, HITI has traded in a range of $1.64-$4.06.
Healthcare Sector giant saw their annual sales surged by 51.48% over the last five years. While this was happening, its average annual earnings per share was recorded 16.22%. With a float of $55.91 million, this company’s outstanding shares have now reached $81.63 million.
High Tide Inc (HITI) Insider Activity
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 6.74%.
High Tide Inc (HITI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 10/31/2024, the organization reported -0.04 earnings per share (EPS), lower than consensus estimate (set at 0) by -0.04. 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 16.22% 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 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.76. Likewise, its price to free cash flow for the trailing twelve months is 21.05.
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 0.12 in one year’s time.
Technical Analysis of High Tide Inc (HITI)
Analysing the last 5-days average volume posted by the [High Tide Inc, HITI], we can find that recorded value of 0.84 million was better than the volume posted last year of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 45.69%.
During the past 100 days, High Tide Inc’s (HITI) raw stochastic average was set at 73.64%, which indicates a significant increase from 36.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.24 in the past 14 days, which was higher than the 0.13 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.99, while its 200-day Moving Average is $2.62. Now, the first resistance to watch is $3.70. This is followed by the second major resistance level at $3.85. The third major resistance level sits at $3.94. If the price goes on to break the first support level at $3.46, it is likely to go to the next support level at $3.37. Should the price break the second support level, the third support level stands at $3.22.
High Tide Inc (NASDAQ: HITI) Key Stats
The company with the Market Capitalisation of 308.37 million has total of 87,111K 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 108,930 K and last quarter income was 440 K.
