High Tide (NASDAQ:HITI – Get Free Report) is projected to issue its quarterly earnings data after the market closes on Monday, January 27th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $97,270.00 billion for the quarter.
High Tide Stock Up 3.8 %
Shares of NASDAQ HITI opened at $2.98 on Friday. The stock has a market capitalization of $241.08 million, a price-to-earnings ratio of -10.64 and a beta of 0.48. High Tide has a 12-month low of $1.57 and a 12-month high of $3.62. The company has a current ratio of 1.26, a quick ratio of 0.78 and a debt-to-equity ratio of 0.20. The firm’s 50-day moving average price is $3.09 and its 200-day moving average price is $2.51.
Wall Street Analysts Forecast Growth
Separately, Roth Capital raised High Tide to a “strong-buy” rating in a research note on Friday, November 8th.
About High Tide
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.
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