SNDL Inc (NASDAQ:SNDL) currently has a daily average trading volume of 2.03M but it saw 1972434 shares traded in last market. With a market cap of 501.79M USD, the company’s current market price of $1.89 came falling about -1.05 while comparing to the previous closing price of $1.91. 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 $1.88 while lowest mark touched by it was $1.92.
Taking a look at 20-day trading activity of SNDL Inc (SNDL) gives us an average price of $1.9700, while its current price level is -35.49% below from 52-week high level whereas it is 45.38% 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 $2.0226 while that of 200 days or SMA-200 reads an average of $2.0088. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.20% during that period while stretching the period over a month that increases to 3.96%. 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 38.91 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 -3.57% down while it is -12.50% when we observe its performance for the past one month. Year-to-date it is 15.24% up and over the past year, the stock is showing an upside performance of 23.53%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.32 beaten by the consensus estimate of -0.16 for the same. The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.21. In next quarter, company is expected to be making quarterly sales of $205.6M as analysts are expecting the sales for current fiscal year at $913.59M and seeing the company making $955.05M in sales next year. Moreover, analysts are in estimates of $249.6M for current-quarter revenue.
Currently, SNDL Inc’s total number of outstanding shares is 265.40M. Company’s return on investment (ROI) stands at -8.23% and return on equity (ROE) at -8.73%. It has a 65.69 of forward P/E ratio. Stock’s beta reads 3.16. Stock has a price to book (P/B) ratio of 0.56 while price to sale or P/S ratio amounts to 0.75. Its return on asset (ROA) is -7.29% on average.
