High Tide Inc. (OTCMKTS:HITID – Get Free Report) shares were down 5.5% on Friday. The company traded as low as $2.5050 and last traded at $2.58. Approximately 971,385 shares were traded during trading, an increase of 151% from the average daily volume of 386,249 shares. The stock had previously closed at $2.73.
High Tide Stock Down 5.5%
The business’s fifty day moving average is $2.53 and its 200 day moving average is $2.40.
About High Tide
High Tide Inc is a Canadian cannabis company focused primarily on the retail sale of cannabis products and consumption accessories. The company operates under the Canna Cabana brand, offering a range of adult-use cannabis products, including dried flower, pre-rolls, beverages, edibles, concentrates and vaping products, subject to applicable regulations.
In addition to its physical retail locations, High Tide operates digital commerce and technology platforms that support cannabis shopping, customer engagement and retail operations.
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