High Tide (OTCMKTS:HITID) Stock Price Down 2.9% – Should You Sell?
by Jessica Moore · The Cerbat GemHigh Tide Inc. (OTCMKTS:HITID – Get Free Report) fell 2.9% during trading on Friday . The company traded as low as $2.32 and last traded at $2.32. 338,351 shares changed hands during trading, a decline of 12% from the average session volume of 386,249 shares. The stock had previously closed at $2.39.
High Tide Trading Down 2.9%
The stock’s 50 day simple moving average is $2.39 and its 200 day simple moving average is $2.49.
High Tide Company Profile
High Tide Inc (OTCMKTS:HITID) is a Canada-based vertically integrated specialty retailer and distributor of cannabis and smoking accessories. The company operates a network of retail cannabis dispensaries under the Canna Cabana and Bud Bar brands, alongside smoke shops branded as Smoker’s Corner. Through its wholesale distribution arm, High Tide supplies a broad portfolio of glassware, vaporizers, and other lifestyle products to retailers across Canada and the United States. In addition, the company markets its offerings directly to consumers via its e-commerce platform.
High Tide’s product range spans finishing grinders, smoking devices, rolling papers, and branded accessories for both medicinal and recreational cannabis consumers.