Roth Capital Upgrades High Tide (CVE:HIT) to Strong-Buy

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

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

High Tide Stock Performance

High Tide stock opened at C$0.01 on Friday. The business has a 50-day moving average of C$0.03 and a 200-day 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 posted its earnings results on Monday, September 16th. The company reported C$0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.03) by C$0.04. The business had revenue of C$131.69 million during the quarter, compared to analyst estimates of C$127.93 million.