There Is Clear Momentum For SNDL Inc (NASDAQ: SNDL)

SNDL Inc (SNDL) concluded trading on Thursday at a closing price of $2.11, with 4.0 million shares of worth about $8.44 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 57.46% during that period and on August 08, 2024 the price saw a gain of about 4.46%. Currently the company’s common shares owned by public are about 265.10M shares, out of which, 263.48M shares are available for trading.

Stock saw a price change of -4.52% in past 5 days and over the past one month there was a price change of 3.43%. Year-to-date (YTD), SNDL shares are showing a performance of 28.66% which increased to 27.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.30 but also hit the highest price of $2.93 during that period. The average intraday trading volume for SNDL Inc shares is 3.40 million. The stock is currently trading -3.10% below its 20-day simple moving average (SMA20), while that difference is up 1.78% for SMA50 and it goes to 19.45% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

SNDL Inc (NASDAQ: SNDL) currently have 265.10M outstanding shares and institutions hold larger chunk of about 9.41% of that.

The stock has a current market capitalization of $559.36M and its 3Y-monthly beta is at 3.14. It has posted earnings per share of -$0.32 in the same period. It has Quick Ratio of 2.98 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SNDL, volatility over the week remained 7.49% while standing at 5.73% over the month.

Stock’s fiscal year EPS is expected to rise by 109.07% while it is estimated to decrease by -75.00% in next year.

Coverage by Canaccord Genuity stated SNDL Inc (SNDL) stock as a Speculative buy in their note to investors on August 16, 2022, suggesting a price target of $5 for the stock. On May 03, 2022, BMO Capital Markets Upgrade their recommendations, while on March 19, 2021, Canaccord Genuity Downgrade their ratings for the stock with a price target of $0.65. Stock get a Neutral rating from Cantor Fitzgerald on March 10, 2021.

Most Popular

Related Posts