High Tide (CVE:HIT) Rating Increased to Strong-Buy at Roth Capital

Roth Capital upgraded shares of High Tide (CVE:HIT) to a strong-buy rating in a research report sent to investors on Friday morning,Zacks.com reports.

Separately, Ventum Cap Mkts upgraded shares of High Tide to a “strong-buy” rating in a research report on Tuesday, July 16th.

High Tide Stock Performance

HIT opened at C$0.01 on Friday. The stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.04. High Tide has a 52 week low of C$0.01 and a 52 week high of C$0.04.

High Tide (CVE:HIT) last announced its earnings results on Monday, September 16th. The company reported C$0.01 earnings per share for the quarter, topping the consensus estimate of C($0.03) by C$0.04. The business had revenue of C$131.69 million for the quarter, compared to analyst estimates of C$127.93 million.