SNDL Inc (NASDAQ:SNDL) currently has a daily average trading volume of 1.98M but it saw 1583447 shares traded in last market. With a market cap of 517.73M USD, the company’s current market price of $1.95 came falling about -0.51 while comparing to the previous closing price of $1.96. 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. In the recent trading on the day, stock has struck highest price mark of $1.945 while lowest mark touched by it was $1.98.
Taking a look at 20-day trading activity of SNDL Inc (SNDL) gives us an average price of $2.0965, while its current price level is -33.45% below from 52-week high level whereas it is 50.00% 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 $2.0552 while that of 200 days or SMA-200 reads an average of $1.9714. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.18% during that period while stretching the period over a month that increases to 4.69%. 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 42.42 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 -5.34% down while it is -2.50% when we observe its performance for the past one month. Year-to-date it is 18.90% up and over the past year, the stock is showing an upside performance of 27.45%.
Currently, SNDL Inc’s total number of outstanding shares is 265.50M. Company’s return on investment (ROI) stands at -8.23% and return on equity (ROE) at -8.73%. It has a 67.78 of forward P/E ratio. Stock’s beta reads 3.20. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 0.77. Its return on asset (ROA) is -7.29% on average.
