In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, SNDL Inc’s stock clocked out at $1.63, up 0.62% from its previous closing price of $1.62. In other words, the price has increased by $0.62 from its previous closing price. On the day, 0.77 million shares were traded.
Ratios:
To gain a deeper understanding of SNDL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.64. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.48.
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 $1.31. The 50-Day Moving Average of the stock is -8.93%, while the 200-Day Moving Average is calculated to be -18.70%.
Shares Statistics:
A total of 265.40M shares are outstanding, with a floating share count of 262.01M. Insiders hold about 1.31% of the company’s shares, while institutions hold 15.34% stake in the company.
