High Tide Inc.

High Tide Inc.verified

HITI

Price:

$2.19

Market Cap:

$239.35M

High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in...[Read more]

Industry

Medical - Pharmaceuticals

IPO Date

2021-01-08

Stock Exchange

NASDAQ

Ticker

HITI

The ROE as of September 2024 (TTM) for High Tide Inc. (HITI) is -23.95%

According to High Tide Inc.’s latest financial reports and current stock price. The company's current ROE is -23.95%. This represents a change of 276.17% compared to the average of -6.37% of the last 4 quarters.

High Tide Inc. (HITI) Historical ROE (quarterly & annually)

How has HITI ROE performed in the past?

The mean historical ROE of High Tide Inc. over the last ten years is -58.82%. The current -23.95% ROE has changed -59.28% with respect to the historical average. Over the past ten years (40 quarters), HITI's ROE was at its highest in in the July 2020 quarter at 31.27%. The ROE was at its lowest in in the October 2019 quarter at -160.28%.

Quarterly (TTM)
Annual

Average

-58.82%

Median

-26.84%

Minimum

-274.27%

Maximum

-3.07%

High Tide Inc. (HITI) ROE by Quarter and Year

Discovering the peaks and valleys of High Tide Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.31%

Maximum Annual ROE = -3.07%

Minimum Annual Increase = -77.22%

Minimum Annual ROE = -274.27%

Quarterly (TTM)
Annual
YearROEChange
2023-29.88%-34.06%
2022-45.31%90.39%
2021-23.80%-61.90%
2020-62.47%-77.22%
2019-274.27%1.31%
2018-19.43%533.20%
2017-3.07%-75.08%

High Tide Inc. (HITI) Average ROE

How has HITI ROE performed in the past?

The current ROE of High Tide Inc. (HITI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-33.00%

5-year avg

-87.15%

10-year avg

-58.82%

High Tide Inc. (HITI) ROE vs. Peers

How is HITI’s ROE compared to its peers?

High Tide Inc.’s ROE is less than Leafly Holdings, Inc. (46.49%), less than Nova Cannabis Inc. (5.84%), greater than TRxADE HEALTH, Inc. (-272.11%), greater than SunLink Health Systems, Inc. (-49.85%), greater than Kiaro Holdings Corp. (-147.19%), less than GABY Inc. (18.97%), less than Leafly Holdings, Inc. (46.49%), greater than China Jo-Jo Drugstores, Inc. (-24.53%), greater than MedAvail Holdings, Inc. (-214.57%), greater than BIMI International Medical Inc. (-32.64%), greater than PetMed Express, Inc. (-3.33%), less than Rite Aid Corporation (165.20%),

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