SNDL Inc (NASDAQ:SNDL) currently has a daily average trading volume of 3.84M but it saw 2748449 shares traded in last market. With a market cap of 584.08M USD, the company’s current market price of $2.21 came falling about -2.64 while comparing to the previous closing price of $2.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.93 and as low as $1.30.
Taking a look at 20-day trading activity of SNDL Inc (SNDL) gives us an average price of $2.16, while its current price level is -24.57% below from 52-week high level whereas it is 70.00% 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 $2.09 while that of 200 days or SMA-200 reads an average of $1.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.16% during that period while stretching the period over a month that increases to 5.06%. 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 54.63 which implies that the stock is in neutral territory.
Canaccord Genuity upgraded its recommendation for the stock as a “Speculative Buy” from “Hold” on August 16, 2022 while assigning a price target of $5. BMO Capital Markets issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $0.60 and $0.70.
Over the week, SNDL’s stock price is moving 3.76% up while it is 17.55% when we observe its performance for the past one month. Year-to-date it is 34.76% up and over the past year, the stock is showing an upside performance of 38.56%.
Currently, SNDL Inc’s total number of outstanding shares is 262.78M. Company’s return on investment (ROI) stands at -10.34% and return on equity (ROE) at -10.61%. It has a 66.69 of forward P/E ratio. Stock’s beta reads 3.18. Stock has a price to book (P/B) ratio of 0.64 while price to sale or P/S ratio amounts to 0.85. Its return on asset (ROA) is -8.83% on average.
