Market Recap Check: SNDL Inc (SNDL)’s Negative Finish at 1.98, Up/Down -0.50

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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.

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