High Tide (CVE:HIT) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of High Tide Inc (CVE:HITGet Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.03 and traded as high as C$0.10. High Tide shares last traded at C$0.10, with a volume of 2,000 shares traded.

Wall Street Analysts Forecast Growth

Separately, Roth Capital upgraded High Tide to a “strong-buy” rating in a report on Friday, November 8th.

Read Our Latest Report on HIT

High Tide Trading Up 1,900.0 %

The business has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.03.

High Tide (CVE:HITGet Free Report) last released its quarterly earnings data on Monday, September 16th. The company reported C$0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.03) by C$0.04. The firm had revenue of C$131.69 million for the quarter, compared to the consensus estimate of C$127.93 million.

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