Company Overview - High Tide Inc. (HITI) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Price Performance - HITI shares have increased by 22.58% over the past week, significantly outperforming the Zacks Medical - Products industry, which rose by 2.32% during the same period [6] - Over the past quarter, HITI shares have risen by 53.42%, and they are up 75% over the last year, while the S&P 500 has only moved 9.37% and 14.67%, respectively [7] Trading Volume - The average 20-day trading volume for HITI is 601,249 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for HITI has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from -$0.05 to -$0.04 [10] - For the next fiscal year, two estimates have been revised upwards, with no downward revisions noted [10] Conclusion - Given the strong price performance, positive earnings outlook, and high momentum score, HITI is recommended as a solid momentum pick for investors [12]
High Tide Inc. (HITI) Is Up 22.58% in One Week: What You Should Know