Market Update: SNDL Inc (SNDL) Sees Negative Movement, Closing at 1.35

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, SNDL Inc (NASDAQ: SNDL) closed at $1.35 down -2.88% from its previous closing price of $1.39. In other words, the price has decreased by -$2.88 from its previous closing price. On the day, 1.84 million shares were traded.

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 2.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.42. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.45.

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 $1.26. The 50-Day Moving Average of the stock is -8.72%, while the 200-Day Moving Average is calculated to be -27.04%.

Shares Statistics:

A total of 257.29M shares are outstanding, with a floating share count of 253.90M. Insiders hold about 1.32% of the company’s shares, while institutions hold 15.38% stake in the company.

Most Popular