High Tide Stock Analysis

The current indifference towards the small price fluctuations of High Tide may raise some interest from stockholders. The stock closed today at a share price of 0.0 on very low momentum in trading volume. The company directors and management did not add any value to High Tide investors in December. However, most investors can still diversify their portfolios with High Tide to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently very low. The very small Stock volatility is a good signal to stockholders with longer-term investment horizons.
Check out Risk vs Return Analysis.

High Tide Stock Analysis 

 
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The High Tide stock analysis report makes it easy to digest most publicly released information about High Tide and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. High Tide Stock analysis module also helps to analyze the High Tide price relationship with some important fundamental indicators such as market cap and management efficiency.

High Tide Stock Analysis Notes

The company has price-to-book (P/B) ratio of 1.46. Some equities with similar Price to Book (P/B) outperform the market in the long run. High Tide recorded a loss per share of 0.77. The entity had not issued any dividends in recent years. The firm had a split on the 13th of May 2021. High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada. High Tide operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. To learn more about High Tide call the company at 403 703 4272 or check out https://www.hightideinc.com.

High Tide Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. High Tide's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding High Tide or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
High Tide is not yet fully synchronised with the market data
High Tide has some characteristics of a very speculative penny stock
High Tide has high likelihood to experience some financial distress in the next 2 years
High Tide was previously known as High Tide and was traded on NASDAQ Exchange under the symbol HITIF.
The company reported the previous year's revenue of 152.1 M. Net Loss for the year was (32.18 M) with profit before overhead, payroll, taxes, and interest of 30.77 M.
High Tide currently holds about 27.89 M in cash with (4.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.

High Tide Upcoming and Recent Events

Earnings reports are used by High Tide to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to High Tide previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report27th of January 2022
Next Earnings Report30th of March 2022
Next Fiscal Quarter End31st of October 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report31st of July 2021
Last Earning Announcement31st of October 2020

High Tide SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. High Tide prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that High Tide investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial High Tide specific information freely available to individual and institutional investors to make a timely investment decision.

High Tide Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as High Tide is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading High Tide backward and forwards among themselves. High Tide's institutional investor refers to the entity that pools money to purchase High Tide's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
National Bank Of CanadaCommon Shares5.6 K24 K
Reilly Financial Advisors LlcCommon Shares100.00.0
Etf Managers Group LlcCommon Shares1.6 M9.8 M
Advisorshares Investments LlcCommon Shares312.5 KM
Citadel Advisors LlcCall Options73.3 K458 K
Jane Street Group LlcCommon Shares48.4 K300 K
Virtu Financial LlcCommon Shares46.2 K289 K
Geode Capital Management LlcCommon Shares46.1 K288 K
Simplex Trading LlcPut Options24.1 K189 K
Note, although High Tide's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

High Tide Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 234.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate High Tide's market, we take the total number of its shares issued and multiply it by High Tide's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

High Tide Profitablity

High Tide's profitability indicators refer to fundamental financial ratios that showcase High Tide's ability to generate income relative to its revenue or operating costs. If, let's say, High Tide is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, High Tide's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of High Tide's profitability requires more research than a typical breakdown of High Tide's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (21.16) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (7.63) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.08.

Management Efficiency

The entity has return on total asset (ROA) of (4.68) % which means that it has lost $4.68 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (40.11) %, meaning that it created substantial loss on money invested by shareholders. High Tide management efficiency ratios could be used to measure how well high tide manages its routine affairs as well as how well it operates its assets and liabilities.

High Tide Technical and Predictive Indicators

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding High Tide to your portfolios without increasing risk or reducing expected return.

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Check out Risk vs Return Analysis. Note that the High Tide information on this page should be used as a complementary analysis to other High Tide's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Tools for High Tide Stock

When running High Tide price analysis, check to measure High Tide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.
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