The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of SNDL Inc (NASDAQ: SNDL) closed at $1.98 in the last session, down -0.50% from day before closing price of $1.99. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 1.64 million shares were traded. SNDL stock price reached its highest trading level at $2.0 during the session, while it also had its lowest trading level at $1.97.
Ratios:
We take a closer look at SNDL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.43. For the most recent quarter (mrq), Quick Ratio is recorded 2.98 and its Current Ratio is at 4.34. 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 528826336 and an Enterprise Value of 486983008. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.534 whereas that against EBITDA is -8.617.
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 -5.45%, while the 200-Day Moving Average is calculated to be 5.22%.
Shares Statistics:
According to the various share statistics, SNDL traded on average about 2.16M shares per day over the past 3-months and 1726330 shares per day over the past 10 days. A total of 265.08M shares are outstanding, with a floating share count of 262.79M. Insiders hold about 0.86% of the company’s shares, while institutions hold 10.81% stake in the company. Shares short for SNDL as of 1726185600 were 5918912 with a Short Ratio of 2.74, compared to 1723680000 on 6340606. Therefore, it implies a Short% of Shares Outstanding of 5918912 and a Short% of Float of 2.23.
