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The closing price of SNDL Inc (NASDAQ: SNDL) was $2.01 for the day, down -2.43% from the previous closing price of $2.06. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 1.37 million shares were traded. SNDL stock price reached its highest trading level at $2.085 during the session, while it also had its lowest trading level at $2.0.
Ratios:
Our analysis of SNDL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.69. 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 544426624 and an Enterprise Value of 494936000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.543 whereas that against EBITDA is -8.757.
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 -2.84%, while the 200-Day Moving Average is calculated to be 13.37%.
Shares Statistics:
SNDL traded an average of 3.27M shares per day over the past three months and 2573540 shares per day over the past ten days. A total of 265.10M shares are outstanding, with a floating share count of 263.46M. Insiders hold about 0.62% of the company’s shares, while institutions hold 9.57% stake in the company. Shares short for SNDL as of 1721001600 were 10905905 with a Short Ratio of 3.07, compared to 1718323200 on 12878301. Therefore, it implies a Short% of Shares Outstanding of 10905905 and a Short% of Float of 4.1300002000000005.
