The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, SNDL Inc (NASDAQ: SNDL) closed at $1.87 up 2.19% from its previous closing price of $1.83. In other words, the price has increased by $2.19 from its previous closing price. On the day, 3.17 million shares were traded. SNDL stock price reached its highest trading level at $1.9 during the session, while it also had its lowest trading level at $1.81.
Ratios:
For a deeper understanding of SNDL Inc’s stock, let’s take a closer look at its various 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 491967072 and an Enterprise Value of 477600672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 0.525 whereas that against EBITDA is -6.934.
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 14.65%, while the 200-Day Moving Average is calculated to be 17.83%.
Shares Statistics:
For the past three months, SNDL has traded an average of 5.48M shares per day and 5851140 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 5.48% stake in the company. Shares short for SNDL as of 1711584000 were 10400317 with a Short Ratio of 1.90, compared to 1709164800 on 10172737. Therefore, it implies a Short% of Shares Outstanding of 10400317 and a Short% of Float of 3.95.
Earnings Estimates
The market rating of SNDL Inc (SNDL) is currently shaped by the ongoing analysis conducted by SNDL Inc. analysts closely monitoring its performance.The consensus estimate for the next quarter is $21.27, with high estimates of $1.98 and low estimates of $20.80.
