High Tide share price today

(HITI)

High Tide share price is $3.01 & ₹255.78 as on 21 Dec 2024, 2.30 'hrs' IST

$3.01

▲

0.07

(2.38%)

Market is closed - opens 8 PM, 23 Dec 2024

View live High Tide share price in Dollar and Rupees. Guide to invest in High Tide from India. Also see the sentimental analysis on Indian investors investing in High Tide. Get details on the Indian mutual funds that are investing in High Tide. Get Analyst recommendations and forecasts along with all the High Tide's financials.

High Tide share price movements

Today's Low: $2.91
Today's High: $3.07
$3.01
3.32%
Downside
Day's Volatility :5.21%
Upside
1.95%
52 Weeks Low: $1.55
52 Weeks High: $3.62
$3.01
48.5%
Downside
52 Weeks Volatility :57.18%
Upside
16.85%

High Tide Returns

Period	High Tide Inc	Sector (Health Care)	Index (Russel 2000)
3 Months	45.41%	-11.1%	0.0%
6 Months	32.6%	-6.0%	0.0%
1 Year	83.54%	2.7%	0.0%
3 Years	-35.96%	0.6%	-19.7%

High Tide Key Statistics

in dollars & INR

Previous Close	$2.94
Open	$2.91
Today's High	$3.07
Today's Low	$2.91
Market Capitalization	$237.2M
Today's Volume	$464.3K
52 Week High	$3.62
52 Week Low	$1.55
Revenue TTM	$511.1M
EBITDA	$28.4M
Earnings Per Share (EPS)	$-0.28
Profit Margin	-5.96%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-19.88%

How to invest in High Tide from India?

It is very easy for Indian residents to invest directly in High Tide from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the High Tide stock in both Indian Rupees (INR) and US Dollars (USD). Search for High Tide or HITI on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of High Tide or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of High Tide shares which would translate to 0.282 fractional shares of High Tide as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like High Tide, in just a few clicks!

Returns in High Tide for Indian investors in Rupees

Investment Value

₹1,00,000

High Tide investment value today

Current value as on today

₹1,85,733

Returns

₹85,733

(+85.73%)

Returns from High Tide Stock

₹83,537 (+83.54%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards High Tide

151.16%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Investment in High Tide from India has grown in the last 30 days as on Dec 22, 2024. 151.16% more purchase transactions for High Tide in the last 30 days versus the previous period.

24%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Search volume for High Tide on INDmoney from India has grown in the last 30 days as on Dec 22, 2024. 24% more investors are searching High Tide in the last 30 days versus the previous period.

Global Institutional Holdings in High Tide

AdvisorShares Investments, LLC
1.84%
Renaissance Technologies Corp
0.43%
Baader Bank INC
0.31%
Millennium Management LLC
0.24%
Morgan Stanley - Brokerage Accounts
0.18%
Two Sigma Investments LLC
0.16%

Analyst Recommendation on High Tide

Buy

87%Buy

12%Hold

0%Sell

Based on 8 Wall street analysts offering stock ratings for High Tide(by analysts ranked 0 to 5 stars)

Based on 8 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on High Tide

What analysts predicted

Upside of 49.5%

Current:

$3.01

Target:

$4.50

Insights on High Tide

Price Movement
In the last 3 months, HITI stock has moved up by 42.7%
Increasing Revenue
Revenue is up for the last 2 quarters, 124.25M → 131.68M (in $), with an average increase of 5.6% per quarter
Increasing Net Profit
Netprofit is up for the last 4 quarters, -30.78M → 717.0K (in $), with an average increase of 3439.6% per quarter

High Tide Financials in INR & Dollars

	FY19	Y/Y Change
Revenue	$23.7M	↑ 257.7%
Net Income	$-19.9M	↑ 480.07%
Net Profit Margin	-84.02%	↓ 32.21%

	FY20	Y/Y Change
Revenue	$63.1M	↑ 166.07%
Net Income	$-4.8M	↓ 75.83%
Net Profit Margin	-7.63%	↑ 76.39%

	FY21	Y/Y Change
Revenue	$145.6M	↑ 117.53%
Net Income	$-28.2M	↑ 451.42%
Net Profit Margin	-19.34%	↓ 11.71%

	FY22	Y/Y Change
Revenue	$260.3M	↑ 97.02%
Net Income	$-51.7M	↑ 102.21%
Net Profit Margin	-19.85%	↓ 0.51%

	FY23	Y/Y Change
Revenue	$355.8M	↑ 36.66%
Net Income	$-28.7M	↓ 44.52%
Net Profit Margin	-8.06%	↑ 11.79%

	FY24	Y/Y Change
Revenue	$487.7M	↑ 0.0%
Net Income	$-39.3M	↑ 0.0%
Net Profit Margin	-8.06%	↑ 0.0%

	Q2 FY23	Q/Q Change
Revenue	$87.6M	↑ 0.05%
Net Income	$-1.2M	↓ 59.4%
Net Profit Margin	-1.33%	↑ 1.94%

	Q3 FY23	Q/Q Change
Revenue	$94.1M	↑ 5.26%
Net Income	$-2.2M	↑ 82.65%
Net Profit Margin	-2.3%	↓ 0.97%

	Q4 FY23	Q/Q Change
Revenue	$92.7M	↑ 2.21%
Net Income	$-22.5M	↑ 975.0%
Net Profit Margin	-24.22%	↓ 21.92%

	Q1 FY24	Q/Q Change
Revenue	$95.5M	↑ 0.76%
Net Income	$-253.5K	↓ 98.9%
Net Profit Margin	-0.27%	↑ 23.95%

	Q2 FY24	Q/Q Change
Revenue	$90.9M	↓ 2.97%
Net Income	$-18.3K	↓ 92.65%
Net Profit Margin	-0.02%	↑ 0.25%

	Q3 FY24	Q/Q Change
Revenue	$131.7M	↑ 5.98%
Net Income	$717.0K	↓ 2968.0%
Net Profit Margin	0.54%	↑ 0.56%

	FY19	Y/Y Change
Profit	$8.6M	↑ 263.89%

	FY20	Y/Y Change
Profit	$23.3M	↑ 172.29%

	FY21	Y/Y Change
Profit	$51.4M	↑ 107.66%

	FY22	Y/Y Change
Profit	$73.6M	↑ 57.78%

	FY23	Y/Y Change
Profit	$95.8M	↑ 30.08%

	FY24	Y/Y Change
Profit	$131.3M	↑ 0.0%

	Q2 FY23	Q/Q Change
Profit	$23.4M	↓ 1.9%

	Q3 FY23	Q/Q Change
Profit	$7.5M	↓ 68.62%

	Q4 FY23	Q/Q Change
Profit	$7.3M	↑ 0.55%

	Q1 FY24	Q/Q Change
Profit	$9.3M	↑ 24.99%

	Q2 FY24	Q/Q Change
Profit	$8.6M	↓ 5.08%

	Q3 FY24	Q/Q Change
Profit	$35.5M	↑ 200.05%

	FY19	Y/Y Change
Operating Cash Flow	$-11.2M	↑ 68.96%
Investing Cash Flow	$-12.8M	↑ 300.33%
Financing Cash Flow	$18.5M	↑ 20.99%

	FY20	Y/Y Change
Operating Cash Flow	$6.7M	↓ 159.66%
Investing Cash Flow	$-2.5M	↓ 80.48%
Financing Cash Flow	$887.1K	↓ 95.19%

	FY21	Y/Y Change
Operating Cash Flow	$-2.3M	↓ 131.92%
Investing Cash Flow	$-22.9M	↑ 762.64%
Financing Cash Flow	$30.4M	↑ 3128.69%

	FY22	Y/Y Change
Operating Cash Flow	$3.3M	↓ 259.12%
Investing Cash Flow	$-6.3M	↓ 69.85%
Financing Cash Flow	$11.1M	↓ 59.88%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$1.0M	↓ 35.46%
Investing Cash Flow	$-1.1M	↑ 36.11%
Financing Cash Flow	$-830.1K	↓ 54.03%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$6.7M	↑ 551.43%
Investing Cash Flow	$-804.0K	↓ 26.94%
Financing Cash Flow	$-3.0M	↑ 249.78%

High Tide Technicals Summary

Sell

Neutral

Buy

High Tide is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

High Tide Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
High Tide Inc	12.73%	32.6%	83.54%	-35.96%	-66.56%
Petmed Express Inc	7.11%	16.53%	-34.08%	-81.16%	-78.85%
Walgreens Boots Alliance, Inc.	15.06%	-39.97%	-64.11%	-81.08%	-83.63%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
High Tide Inc	NA	NA	NA	0.01	-0.2	0.03	NA	1.8
Petmed Express Inc	1191.0	NA	2.58	-0.19	-0.01	0.0	NA	4.67
Walgreens Boots Alliance, Inc.	27.42	NA	3.55	2.85	-0.76	0.01	0.11	12.09

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
High Tide Inc	Buy	$237.2M	-66.56%	NA	-5.96%
Petmed Express Inc	Sell	$102.7M	-78.85%	1191.0	-0.37%
Walgreens Boots Alliance, Inc.	Hold	$8.1B	-83.63%	27.42	-5.85%

About High Tide

high tide inc. operates as a vertically-integrated company in the cannabis market in canada. it engages in the design, manufacture, and distribution of cannabis accessories and alternative lifestyle products. the company is also involved in the retailing of cannabis products. as of august 7, 2020, it operated 34 canna cabana retail cannabis stores in ontario, alberta, and saskatchewan. 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.

Organization	High Tide
Employees	1550
CEO	Mr. Harkirat Grover
Industry	Healthcare

Management People of High Tide

Name	Title
Mr. Harkirat Grover	Founder, CEO, President & Executive Chairman
Mr. Aman Sood	Chief Operating Officer
Mr. Omar Yar Khan	Chief Communications & Public Affairs Officer
Mr. Andreas-Alexander Palalas	Chief Marketing Officer
Mr. Mayank Mahajan C.A., CPA, M.B.A.	Chief Financial Officer
Ms. Joy Lisa Avzar	VP & Legal Counsel
Ms. Sandy Sharma	Vice President of Human Resources
Mr. Shimshon Posen J.D.	Secretary & Treasurer
Krystal Dafoe	Director of Corporate Governance

Important FAQs about investing in High Tide from India :

What is High Tide share price today?

High Tide share price today stands at $3.01, Open: $2.91 ; Previous Close: $2.94 ; High: $3.07 ; Low: $2.91 ; 52 Week High: $3.62 ; 52 Week Low: $1.55. The stock opens at $2.91, after a previous close of $2.94. The stock reached a daily high of $3.07 and a low of $2.91, with a 52-week high of $3.62 and a 52-week low of $1.55.

Can Indians buy High Tide shares?

Yes, Indians can invest in the High Tide (HITI) from India.

With INDmoney, you can buy High Tide at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy High Tide at zero transaction cost.

How can I buy High Tide shares from India?

It is very easy to buy High Tide from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of High Tide be purchased?

Yes, you can buy fractional shares of High Tide with INDmoney app.

What are the documents required to start investing in High Tide stocks?

To start investing in High Tide, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.