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After finishing at $1.98 in the prior trading day, SNDL Inc (NASDAQ: SNDL) closed at $1.99, up 0.51%. In other words, the price has increased by $0.51 from its previous closing price. On the day, 2.85 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 $1.965.
Ratios:
Our goal is to gain a better understanding of SNDL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.45. For the most recent quarter (mrq), Quick Ratio is recorded 4.16 and its Current Ratio is at 5.61. 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 528464416 and an Enterprise Value of 415544992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.456 whereas that against EBITDA is -7.707.
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 -3.25%, while the 200-Day Moving Average is calculated to be 1.41%.
Shares Statistics:
The stock has traded on average 1.91M shares per day over the past 3-months and 3240070 shares per day over the last 10 days, according to various share statistics. A total of 265.50M shares are outstanding, with a floating share count of 263.20M. Insiders hold about 0.86% of the company’s shares, while institutions hold 12.71% stake in the company. Shares short for SNDL as of 1728950400 were 5430965 with a Short Ratio of 2.84, compared to 1726185600 on 5918912. Therefore, it implies a Short% of Shares Outstanding of 5430965 and a Short% of Float of 2.0499999.
