Overall market sentiment has been high on High Tide Inc (HITI) stock lately. HITI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
High Tide Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HITI!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With HITI Stock Today?
High Tide Inc (HITI) stock is trading at $1.49 as of 1:05 PM on Friday, Nov 24, a loss of -$0.01, or -0.67% from the previous closing price of $1.50. The stock has traded between $1.42 and $1.50 so far today. Volume today is low. So far 0 shares have traded compared to average volume of 206,705 shares.
To see InvestorsObserver's Sentiment Score for High Tide Inc click here.
More About High Tide Inc
High Tide (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA) is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including bricks-and-mortar retail stores and e-commerce assets. The Company is the largest non-franchised cannabis retail chain in Canada, with locations spanning British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario. The Company is also Canada's first cannabis discount club retailer under the Canna Cabana banner. High Tide's portfolio also includes retail kiosks and smart locker technology - Fastendr(TM). High Tide has been serving consumers for over a decade through its established e-commerce platforms, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com, FABCBD.com, blessedcbd.co.uk , blessedcbd.de, and Amazon United Kingdom, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide was featured in the Report on Business Magazine's ranking of Canada's Top Growing Companies in both 2021 and 2022 and was ranked number one in the retail category on the Financial Times list of Americas' Fastest Growing Companies for 2023. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain while providing a complete customer experience and maximizing shareholder value.
Click Here to get the full Stock Report for High Tide Inc stock.
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