SNDL Inc (NASDAQ:SNDL) currently has a daily average trading volume of 1.67M but it saw 1706120 shares traded in last market. With a market cap of 337.06M USD, the company’s current market price of $1.31 came rising about 0.77 while comparing to the previous closing price of $1.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.93 and as low as $1.26.
Taking a look at 20-day trading activity of SNDL Inc (SNDL) gives us an average price of $1.3895, while its current price level is -55.29% below from 52-week high level whereas it is 3.97% 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 $1.4590 while that of 200 days or SMA-200 reads an average of $1.8378. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.80% during that period while stretching the period over a month that increases to 5.18%. 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 37.27 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 -7.09% down while it is 3.15% when we observe its performance for the past one month. Year-to-date it is -26.82% down and over the past year, the stock is showing a downside performance of -46.96%.
Currently, SNDL Inc’s total number of outstanding shares is 257.29M with 0.34% of that held by the insiders while 16.76% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -9.08% and return on equity (ROE) at -9.20%. Stock’s beta reads 3.58. Stock has a price to book (P/B) ratio of 0.44 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is -7.67% on average.
