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After finishing at $1.74 in the prior trading day, SNDL Inc (NASDAQ: SNDL) closed at $1.79, up 2.87%. In other words, the price has increased by $2.87 from its previous closing price. On the day, 2.11 million shares were traded. SNDL stock price reached its highest trading level at $1.79 during the session, while it also had its lowest trading level at $1.7388.
Ratios:
Our goal is to gain a better understanding of SNDL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.25. For the most recent quarter (mrq), Quick Ratio is recorded 4.16 and its Current Ratio is at 5.61. 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 475352384 and an Enterprise Value of 362444992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 0.398 whereas that against EBITDA is -6.722.
Stock Price History:
Over the past 52 weeks, SNDL has reached a high of $2.93, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is -8.48%, while the 200-Day Moving Average is calculated to be -12.64%.
Shares Statistics:
The stock has traded on average 2.20M shares per day over the past 3-months and 2130030 shares per day over the last 10 days, according to various share statistics. A total of 265.40M shares are outstanding, with a floating share count of 263.27M. Insiders hold about 0.84% of the company’s shares, while institutions hold 12.50% stake in the company. Shares short for SNDL as of 1734048000 were 4689860 with a Short Ratio of 2.14, compared to 1731628800 on 4982395. Therefore, it implies a Short% of Shares Outstanding of 4689860 and a Short% of Float of 1.77.
