High Tide: Way Undervalued Vs. Peers, Despite Smoking The Competition [Seeking Alpha]
SNDL Inc. - Common Shares (SNDL)
Company Research
Source: Seeking Alpha
9.28K Follower s Follow Play 19min Summary High Tide is far outperforming its cannabis industry peers with rapid revenue growth, profitability, and a strong balance sheet, yet trades at a discount. Most peers are losing money and have a negative tangible net worth. The company benefits from industry consolidation, superior store performance, and strategic acquisitions, positioning it for continued growth and market share gains. High Tide's valuation is significantly lower than peers despite better financial metrics, suggesting a potential stock price increase to $5.00. The ongoing shakeout in the cannabis industry favors strong players like High Tide, making it a compelling long-term investment. Martin Puddy/DigitalVision via Getty Images "The tide is high but I'm holdin' on I'm gonna be your number one" From The Tide Is High by Blondie, recorded to a reggae beat. Clearing the Smoke High Tide ( NASDAQ: HITI ) operates in an industry that is in post-gold ru
Show less
Read more
Impact Snapshot
Event Time:
SNDL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNDL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNDL alerts
High impacting SNDL Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics
SNDL
News
- HYTN and SNDL to Collaborate on GMP-Compliant Vape Cartridge Development for Global Markets [Canadian Business Journal (Canada)]Canadian Business Journal
- HYTN and SNDL to Collaborate on GMP-Compliant Vape Cartridge Development for Global MarketsGlobeNewswire
- HYTN Announces Initial Purchase Order under Manufacturing Partnership with Industry-Leading SNDL [Canadian Business Journal (Canada)]Canadian Business Journal
- HYTN Announces Initial Purchase Order under Manufacturing Partnership with Industry-Leading SNDLGlobeNewswire
- SNDL Inc. (SNDL): Among the Best Brewery Stock to Buy According to Hedge Funds [Yahoo! Finance]Yahoo! Finance