SNDL Inc (SNDL): Investing In A Time Of Crisis

SNDL Inc (NASDAQ:SNDL) currently has a daily average trading volume of 5.48M but it saw 3259498 shares traded in last market. With a market cap of 481.44M USD, the company’s current market price of $1.83 remained unchanged while comparing to the previous closing price of $1.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.67 and as low as $1.25.

Taking a look at 20-day trading activity of SNDL Inc (SNDL) gives us an average price of $2.0068, while its current price level is -31.46% below from 52-week high level whereas it is 46.40% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.6310 while that of 200 days or SMA-200 reads an average of $1.5870. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.74% during that period while stretching the period over a month that increases to 11.63%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.26 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Canaccord Genuity which upgraded the stock as “Speculative Buy” in its note to investors issued on August 16, 2022, recommending a price target of $5 for it. BMO Capital Markets upgraded its recommendation for the stock as a “Market Perform” from “Underperform” on May 03, 2022 while assigning a price target range of $0.60-$0.70. Canaccord Genuity issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $0.40 and $0.65.

Over the week, SNDL’s stock price is moving -12.44% down while it is 22.82% when we observe its performance for the past one month. Year-to-date it is 11.59% up and over the past year, the stock is showing an upside performance of 20.39%.

Currently, SNDL Inc’s total number of outstanding shares is 262.78M. Company’s return on investment (ROI) stands at -12.47% and return on equity (ROE) at -13.18%. It has a 49.59 of forward P/E ratio. Stock’s beta reads 3.38. Stock has a price to book (P/B) ratio of 0.52 while price to sale or P/S ratio amounts to 0.70. Its return on asset (ROA) is -10.95% on average.