High Tide (OTCMKTS:HITID) Shares Down 3.5% – Here’s Why

High Tide Inc. (OTCMKTS:HITIDGet Free Report) shares were down 3.5% during trading on Thursday . The company traded as low as $3.02 and last traded at $3.03. Approximately 588,017 shares changed hands during trading, an increase of 52% from the average daily volume of 386,249 shares. The stock had previously closed at $3.14.

High Tide Price Performance

The firm’s fifty day moving average price is $3.03 and its two-hundred day moving average price is $2.47.

About High Tide

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High Tide Inc operates as a vertically-integrated company in the cannabis market in Canada, the United States, and internationally. It engages in the design, manufacture, and distribution of smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores.

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