High Tide (OTCMKTS:HITIF) Trading Down 2.1% – Time to Sell?

High Tide Inc. (OTCMKTS:HITIF)’s stock price was down 2.1% on Thursday . The company traded as low as $2.31 and last traded at $2.33. Approximately 391,344 shares were traded during trading, a decline of 93% from the average daily volume of 5,944,036 shares. The stock had previously closed at $2.38.

High Tide Price Performance

The stock has a 50-day moving average of $2.59 and a 200 day moving average of $2.92.

High Tide Company Profile

High Tide Inc (OTCMKTS: HITIF) is a Canada-based retail-focused cannabis lifestyle company offering a broad range of cannabis accessories, vaping hardware and branded consumer products. Operating under a portfolio of well-known retail banners and e-commerce platforms, High Tide supplies smoking and vaping paraphernalia such as glassware, vaporizers, rolling papers, grinders and storage solutions. The company also develops proprietary consumer packaged goods for both regulated cannabis markets and ancillary segments.

Founded in 2014 by Raj Grover, High Tide initially concentrated on the fast-growing vaping sector before expanding into brick-and-mortar smoke shops and online retail.