Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
SNDL Inc (NASDAQ: SNDL) closed the day trading at $1.49 down -3.25% from the previous closing price of $1.54. In other words, the price has decreased by -$3.25 from its previous closing price. On the day, 1.66 million shares were traded. SNDL stock price reached its highest trading level at $1.5491 during the session, while it also had its lowest trading level at $1.48.
Ratios:
For a better understanding of SNDL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.94. For the most recent quarter (mrq), Quick Ratio is recorded 3.67 and its Current Ratio is at 5.10. 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 396232736 and an Enterprise Value of 289582848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.315 whereas that against EBITDA is -31.711.
Stock Price History:
The Beta on a monthly basis for SNDL is 3.24, which has changed by -0.29357797 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, SNDL has reached a high of $2.93, while it has fallen to a 52-week low of $1.48. The 50-Day Moving Average of the stock is -11.69%, while the 200-Day Moving Average is calculated to be -22.77%.
Shares Statistics:
Over the past 3-months, SNDL traded about 1.96M shares per day on average, while over the past 10 days, SNDL traded about 1332630 shares per day. A total of 263.02M shares are outstanding, with a floating share count of 253.92M. Insiders hold about 1.31% of the company’s shares, while institutions hold 15.92% stake in the company. Shares short for SNDL as of 1741910400 were 3478339 with a Short Ratio of 1.78, compared to 1739491200 on 3573329. Therefore, it implies a Short% of Shares Outstanding of 3478339 and a Short% of Float of 1.3200001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
