HITI 📈 High Tide - Overview
Exchange: V • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA42981E1043
HITI: Cannabis, Accessories, Consumables, Hemp, CBD products
High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories. Further, it sells its products through online sales via e-commerce platform. The company offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, and Blessed CBD brands. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada. Web URL: https://www.hightideinc.com
Additional Sources for HITI Stock
HITI Stock Overview
| Market Cap in USD | 275m |
| Sector | Healthcare |
| Industry | Pharmaceutical Retailers |
| GiC Sub-Industry | Drug Retail |
| IPO / Inception |
HITI Stock Ratings
| Growth 5y | 22.4% |
| Fundamental | 6.64% |
| Dividend | - |
| Rel. Strength Industry | 631 |
| Analysts | - |
| Fair Price Momentum | 4.81 CAD |
| Fair Price DCF | 8.22 CAD |
HITI Dividends
No Dividends PaidHITI Growth Ratios
| Growth Correlation 3m | 81.9% |
| Growth Correlation 12m | 71.5% |
| Growth Correlation 5y | -22.9% |
| CAGR 5y | 11.17% |
| CAGR/Mean DD 5y | 0.18 |
| Sharpe Ratio 12m | 1.39 |
| Alpha | 76.97 |
| Beta | 0.97 |
| Volatility | 50.78% |
| Current Volume | 119.9k |
| Average Volume 20d | 154k |
What is the price of HITI stocks?
As of December 22, 2024, the stock is trading at CAD 4.33 with a total of 119,917 shares traded.
Over the past week, the price has changed by -5.57%, over one month by +13.67%, over three months by +46.71% and over the past year by +99.06%.
As of December 22, 2024, the stock is trading at CAD 4.33 with a total of 119,917 shares traded.
Over the past week, the price has changed by -5.57%, over one month by +13.67%, over three months by +46.71% and over the past year by +99.06%.
Is High Tide a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, High Tide is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 6.64 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HITI as of December 2024 is 4.81. This means that HITI is currently undervalued and has a potential upside of +11.09% (Margin of Safety).
Neither. Based on ValueRay Fundamental Analyses, High Tide is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 6.64 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HITI as of December 2024 is 4.81. This means that HITI is currently undervalued and has a potential upside of +11.09% (Margin of Safety).
Is HITI a buy, sell or hold?
High Tide has no consensus analysts rating.
High Tide has no consensus analysts rating.
What are the forecast for HITI stock price target?
According to ValueRays Forecast Model, HITI High Tide will be worth about 5.3 in December 2025. The stock is currently trading at 4.33. This means that the stock has a potential upside of +23.33%.
According to ValueRays Forecast Model, HITI High Tide will be worth about 5.3 in December 2025. The stock is currently trading at 4.33. This means that the stock has a potential upside of +23.33%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 6.1 | 39.7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 5.3 | 23.3% |