High Tide Inc. (NASDAQ:HITI – Free Report) – Investment analysts at Roth Capital issued their Q1 2025 earnings per share estimates for High Tide in a research report issued to clients and investors on Friday, January 31st. Roth Capital analyst W. Kirk forecasts that the company will earn ($0.01) per share for the quarter. Roth Capital has a “Strong-Buy” rating on the stock. Roth Capital also issued estimates for High Tide’s Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at $0.00 EPS and Q4 2025 earnings at $0.01 EPS.
High Tide Trading Up 6.1 %
Shares of HITI stock opened at $2.77 on Monday. High Tide has a 1 year low of $1.57 and a 1 year high of $3.62. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.40 and a quick ratio of 0.92. The stock’s 50 day simple moving average is $3.10 and its two-hundred day simple moving average is $2.56. The company has a market cap of $224.09 million, a PE ratio of -92.33 and a beta of 0.46.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of HITI. Jane Street Group LLC grew its stake in shares of High Tide by 58.8% during the third quarter. Jane Street Group LLC now owns 35,252 shares of the company’s stock valued at $72,000 after buying an additional 13,052 shares during the last quarter. Benin Management CORP grew its stake in shares of High Tide by 100.0% during the fourth quarter. Benin Management CORP now owns 20,000 shares of the company’s stock valued at $62,000 after buying an additional 10,000 shares during the last quarter. Finally, Chicago Partners Investment Group LLC bought a new position in shares of High Tide during the fourth quarter valued at approximately $451,000. Institutional investors own 4.52% of the company’s stock.
High Tide Company Profile
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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