HSTI (High Sierra Technologies) Shares Outstanding (Basic Average): 20.76 Mil (As of Sep. 2025)


HSTI High Sierra Technologies Inc HSTI
18 GF Score
Price $1.40
! 4 Warning Signs
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What is High Sierra Technologies Shares Outstanding (Basic Average)?

High Sierra Technologies HSTI 18 Shares Outstanding (Basic Average) is 20.76 Mil as of Sep. 2025. GuruFocus rates HSTI with a GF Score™ of 18/100. The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. High Sierra Technologies's average basic shares outstanding for the quarter that ended in Sep. 2025 was 20.76 Mil.


High Sierra Technologies  (OTCPK:HSTI) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


High Sierra Technologies Shares Outstanding (Basic Average) Related Terms


High Sierra Technologies Shares Outstanding (Basic Average) Historical Data

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The historical data trend for High Sierra Technologies's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

High Sierra Technologies Shares Outstanding (Basic Average) Chart

High Sierra Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 20.31 20.22 20.37 20.51

High Sierra Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24 Jun25 Sep25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.64 20.64 20.64 20.70 20.76
HSTI
18GF Score
High Sierra Technologies Inc HSTI
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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High Sierra Technologies Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 20.76 Mil mean?
High Sierra Technologies (HSTI) has a Shares Outstanding (Basic Average) of 20.76 Mil as of Sep. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on High Sierra Technologies and its competitors.
Is High Sierra Technologies' Shares Outstanding (Basic Average) too high?
High Sierra Technologies' current Shares Outstanding (Basic Average) is 20.76 Mil. Overall, High Sierra Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does High Sierra Technologies' Shares Outstanding (Basic Average) compare to HYEX and APUS?
High Sierra Technologies' Shares Outstanding (Basic Average) of 20.76 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Drug Manufacturers company?
A good Shares Outstanding (Basic Average) depends on the Drug Manufacturers industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on High Sierra Technologies and its competitors. High Sierra Technologies's current Shares Outstanding (Basic Average) is 20.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Sierra Technologies stock overvalued right now?
High Sierra Technologies (HSTI) has a current Shares Outstanding (Basic Average) of 20.76 Mil. The current Shares Outstanding (Basic Average) is 20.76 Mil. High Sierra Technologies' overall GF Score™ is 18/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For High Sierra Technologies (HSTI), the current Shares Outstanding (Basic Average) is 20.76 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

High Sierra Technologies Business Description

Address 1495 Ridgeview Drive, Suite 230A, Reno, NV, USA, 89519
High Sierra Technologies Inc is a start-up that develops and expands its intellectual property portfolio with an emphasis on the recreational cannabis industry as well as the industrial hemp industry. The company owns two provisional patent applications for producing new and novel cannabis products including low odor cannabis for smoking or as the starting materials for producing low odor cannabis products or flavored cannabis products.
18GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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