In the latest session, SNDL Inc (NASDAQ: SNDL) closed at $1.5 down -0.99% from its previous closing price of $1.51. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 1.29 million shares were traded. SNDL stock price reached its highest trading level at $1.5299 during the session, while it also had its lowest trading level at $1.49.
Ratios:
For a deeper understanding of SNDL Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.80. For the most recent quarter (mrq), Quick Ratio is recorded 3.12 and its Current Ratio is at 4.62. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
On August 16, 2022, Canaccord Genuity Upgraded its rating to Speculative Buy which previously was Hold but kept the price unchanged to $5.
BMO Capital Markets Upgraded its Underperform to Market Perform on May 03, 2022, whereas the target price for the stock was revised from $0.60 to $0.70.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNDL now has a Market Capitalization of 385974016 and an Enterprise Value of 312276000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.337 whereas that against EBITDA is -31.41.
Stock Price History:
The Beta on a monthly basis for SNDL is 3.56, which has changed by -0.34065932 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, SNDL has reached a high of $2.40, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is 11.00%, while the 200-Day Moving Average is calculated to be -8.46%.
Shares Statistics:
For the past three months, SNDL has traded an average of 1.79M shares per day and 1968420 over the past ten days. A total of 257.29M shares are outstanding, with a floating share count of 253.95M. Insiders hold about 1.31% of the company’s shares, while institutions hold 15.34% stake in the company. Shares short for SNDL as of 1752537600 were 2849775 with a Short Ratio of 1.59, compared to 1749772800 on 2773463. Therefore, it implies a Short% of Shares Outstanding of 2849775 and a Short% of Float of 1.11.