SNDL has 36-month beta value of 3.20. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SNDL is 263.27M, and currently, short sellers hold a 1.85% ratio of that float. The average trading volume of SNDL on November 26, 2024 was 2.02M shares.
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SNDL) stock’s latest price update
SNDL Inc (NASDAQ: SNDL)’s stock price has dropped by -1.73 in relation to previous closing price of 2.02. Nevertheless, the company has seen a gain of 0.25% in its stock price over the last five trading days. prnewswire.com reported 2024-11-21 that CALGARY, AB, Nov. 21, 2024 /PRNewswire/ – SNDL Inc. (Nasdaq: SNDL) (“SNDL” or the “Company”) is pleased to announce the appointments of Phil McBride as Chief Information Officer and Navroop Sandhawalia as President, Liquor Division. “SNDL’s success is driven by our commitment to talent density and our leaders are the foundation of our performance culture,” said Zach George, Chief Executive Officer of SNDL.
SNDL’s Market Performance
SNDL Inc (SNDL) has experienced a 0.25% rise in stock performance for the past week, with a -10.18% drop in the past month, and a 3.39% rise in the past quarter. The volatility ratio for the week is 3.80%, and the volatility levels for the past 30 days are at 4.33% for SNDL. The simple moving average for the last 20 days is -2.40% for SNDL’s stock, with a simple moving average of -0.54% for the last 200 days.
Analysts’ Opinion of SNDL
Canaccord Genuity, on the other hand, stated in their research note that they expect to see SNDL reach a price target of $5. The rating they have provided for SNDL stocks is “Speculative Buy” according to the report published on August 16th, 2022.
BMO Capital Markets gave a rating of “Market Perform” to SNDL, setting the target price at $0.70 in the report published on May 03rd of the previous year.
SNDL Trading at -2.49% from the 50-Day Moving Average
After a stumble in the market that brought SNDL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.25% of loss for the given period.
Volatility was left at 4.33%, however, over the last 30 days, the volatility rate increased by 3.80%, as shares sank -10.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.18% lower at present.
During the last 5 trading sessions, SNDL rose by +0.25%, which changed the moving average for the period of 200-days by +43.84% in comparison to the 20-day moving average, which settled at $2.0300. In addition, SNDL Inc saw 21.04% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SNDL
Current profitability levels for the company are sitting at:
- -0.12 for the present operating margin
- 0.25 for the gross margin
The net margin for SNDL Inc stands at -0.12. The total capital return value is set at -0.08. Equity return is now at value -8.73, with -7.29 for asset returns.
Currently, EBITDA for the company is -99.15 million with net debt to EBITDA at 2.05. When we switch over and look at the enterprise to sales, we see a ratio of 0.69. The receivables turnover for the company is 37.06for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.61.
Conclusion
To put it simply, SNDL Inc (SNDL) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
