High Tide Inc. (OTCMKTS:HITIF – Get Free Report) dropped 1.2% during mid-day trading on Thursday . The company traded as low as $2.4550 and last traded at $2.47. Approximately 488,329 shares changed hands during trading, a decline of 92% from the average daily volume of 5,944,036 shares. The stock had previously closed at $2.50.
High Tide Stock Performance
The firm’s fifty day moving average is $2.50 and its 200 day moving average is $2.93.
About High Tide
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.
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