Small-cap healthcare company High Tide has moved -0.7% this morning, reaching $1.33 per share. In contrast, the average analyst target price for the stock is $4.5.
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company is based in Canada.
What to Consider if You Are Thinking of Buying High Tide:
High Tide has moved -54.9% over the last year.
HITI has a forward P/E ratio of -44.3 based on its EPS guidance of -0.03.
Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of 20.7%.
Its Price to Book (P/B) ratio is 0.63
High Tide Has Irregular and Negative Cash Flows
|Date Reported||Cash Flow from Operations ($ k)||Capital expenditures ($ k)||Free Cashflow ($ k)||YoY Growth (%)|
High Tide has negative and highly variable free cash flows. They've averaged $-9.31 Million over the last 4 years, during which time they grew at a 34.8% compounded rate while displaying a coefficient of variability of 142.8%.