SNDL Inc (NASDAQ:SNDL) currently has a daily average trading volume of 2.15M but it saw 2101380 shares traded in last market. With a market cap of 451.35M USD, the company’s current market price of $1.70 came falling about -2.86 while comparing to the previous closing price of $1.75. 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 $1.7 while lowest mark touched by it was $1.7995.
Taking a look at 20-day trading activity of SNDL Inc (SNDL) gives us an average price of $1.8820, while its current price level is -41.98% below from 52-week high level whereas it is 30.77% 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 $1.9858 while that of 200 days or SMA-200 reads an average of $2.0308. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.08% during that period while stretching the period over a month that decreases to 3.67%. 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 30.66 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 -7.10% down while it is -12.37% when we observe its performance for the past one month. Year-to-date it is 3.66% up and over the past year, the stock is showing an upside performance of 19.72%.
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 $204.1M as analysts are expecting the sales for current fiscal year at $912.84M and seeing the company making $951.55M in sales next year. Moreover, analysts are in estimates of $248.1M for current-quarter revenue.
Currently, SNDL Inc’s total number of outstanding shares is 265.40M with 0.55% of that held by the insiders while 15.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -8.23% and return on equity (ROE) at -8.73%. It has a 59.09 of forward P/E ratio. Stock’s beta reads 3.16. Stock has a price to book (P/B) ratio of 0.50 while price to sale or P/S ratio amounts to 0.67. Its return on asset (ROA) is -7.29% on average.
