For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, SNDL Inc’s stock clocked out at $2.53, up 2.43% from its previous closing price of $2.47. In other words, the price has increased by $2.43 from its previous closing price. On the day, 5.99 million shares were traded. SNDL stock price reached its highest trading level at $2.61 during the session, while it also had its lowest trading level at $2.42.
Ratios:
To gain a deeper understanding of SNDL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 3.94. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.11.
On May 03, 2022, BMO Capital Markets Upgraded its rating to Market Perform which previously was Underperform and also upped its target price recommendation from $0.60 to $0.70.
Canaccord Genuity Downgraded its Hold to Sell on March 19, 2021, whereas the target price for the stock was revised from $0.40 to $0.65.
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 665602496 and an Enterprise Value of 651235968. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.716 whereas that against EBITDA is -9.455.
Stock Price History:
Over the past 52 weeks, SNDL has reached a high of $2.67, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is 39.70%, while the 200-Day Moving Average is calculated to be 55.31%.
Shares Statistics:
It appears that SNDL traded 6.32M shares on average per day over the past three months and 7880490 shares per day over the past ten days. A total of 262.78M shares are outstanding, with a floating share count of 261.44M. Insiders hold about 0.62% of the company’s shares, while institutions hold 4.82% stake in the company. Shares short for SNDL as of 1713139200 were 11495318 with a Short Ratio of 1.82, compared to 1710460800 on 11133303. Therefore, it implies a Short% of Shares Outstanding of 11495318 and a Short% of Float of 4.37.
