High Tide (CVE:HIT) Rating Increased to Strong-Buy at Roth Capital

High Tide (CVE:HIT) was upgraded by equities research analysts at Roth Capital to a “strong-buy” rating in a research report issued on Friday,Zacks.com reports.

Separately, Ventum Cap Mkts raised High Tide to a “strong-buy” rating in a research note on Tuesday, July 16th.

High Tide Stock Performance

HIT opened at C$0.01 on Friday. The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04. High Tide has a 1 year low of C$0.01 and a 1 year high of C$0.04.

High Tide (CVE:HIT) last announced its quarterly earnings data on Monday, September 16th. The company reported C$0.01 earnings per share for the quarter, beating the consensus estimate of C($0.03) by C$0.04. The company had revenue of C$131.69 million during the quarter, compared to analyst estimates of C$127.93 million.