Sundial Growers Inc. [SNDL] Is Currently -5.04 below its 200 Period Moving Avg: What Dose This Mean?

Sundial Growers Inc. [NASDAQ: SNDL] closed the trading session at $0.48 on 12/22/20. The day’s price range saw the stock hit a low of $0.4727, while the highest price level was $0.534. The company report on December 22, 2020 that COVID-19 Pandemic – The government presents its daily update.

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QUÉBEC CITY, Dec. 22, 2020 /CNW Telbec/ – The most recent data on the evolution of COVID-19 in Québec show 2,183 new cases, bringing the total number of people infected to 181,276, of which 154,673 people have now recovered. The data also report 28 new deaths, for a total of 7,794. Among these 28 deaths, 10 have occurred in the last 24 hours, 14 have occurred between December 15 and December 20, 1 has occurred before December 15 and 3 have occurred at an unknown date. The number of hospitalizations increased by 7 compared to the previous day, for a cumulative total of 1,055. Among these, the number of people in intensive care decreased by 9, for a total of 137. The samples conducted on December 20 amount to 26,130 for a total of 4,612,006. Finally, 437 doses of vaccine were administered yesterday, for a total of 5,273.

It should be noted that the press release reporting the data will take a break on December 25 and 26 as well as on January 1 and 2. An abridged version of this press release will be issued on December 27 and January 3. It will include the main data, including confirmed cases, the overall number of deaths and the number of hospitalizations from previous days.

The stocks have a year to date performance of -84.05 percent and weekly performance of -4.04 percent. The stock has been moved at -43.53 percent over the last six months. The stock has performed 88.61 percent around the most recent 30 days and changed 129.56 percent over the most recent 3-months.

If compared to the average trading volume of 218.60M shares, SNDL reached to a volume of 195352261 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Sundial Growers Inc. [SNDL]:

CIBC have made an estimate for Sundial Growers Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 17, 2020. The new note on the price target was released on June 29, 2020, representing the official price target for Sundial Growers Inc. stock. On February 24, 2020, analysts decreased their price target for SNDL shares from 10 to 1.50.

The Average True Range (ATR) for Sundial Growers Inc. is set at 0.09, with the Price to Sales ratio for SNDL stock in the period of the last 12 months amounting to 6.83. The Price to Book ratio for the last quarter was 1.17, with the Price to Cash per share for the same quarter was set at 0.02.

SNDL stock trade performance evaluation

Sundial Growers Inc. [SNDL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.04. With this latest performance, SNDL shares gained by 88.61% in over the last four-week period, additionally sinking by -43.53% over the last 6 months – not to mention a drop of -79.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SNDL stock in for the last two-week period is set at 52.26, with the RSI for the last a single of trading hit 49.78, and the three-weeks RSI is set at 53.36 for Sundial Growers Inc. [SNDL]. The present Moving Average for the last 50 days of trading for this stock 0.3462, while it was recorded at 0.4679 for the last single week of trading, and 0.5329 for the last 200 days.

Sundial Growers Inc. [SNDL]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Sundial Growers Inc. [SNDL] shares currently have an operating margin of -119.06 and a Gross Margin at +6.53. Sundial Growers Inc.’s Net Margin is presently recorded at -357.85.

Return on Total Capital for SNDL is now -35.14, given the latest momentum, and Return on Invested Capital for the company is -195.64. Return on Equity for this stock declined to -253.90, with Return on Assets sitting at -86.32. When it comes to the capital structure of this company, Sundial Growers Inc. [SNDL] has a Total Debt to Total Equity ratio set at 90.01. Additionally, SNDL Total Debt to Total Capital is recorded at 47.37, with Total Debt to Total Assets ending up at 38.21. Long-Term Debt to Equity for the company is recorded at 7.50, with the Long-Term Debt to Total Capital now at 3.94.

Reflecting on the efficiency of the workforce at the company, Sundial Growers Inc. [SNDL] managed to generate an average of -$192,280 per employee. Receivables Turnover for the company is 4.90 with a Total Asset Turnover recorded at a value of 0.24.Sundial Growers Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.90.

Earnings per share (EPS) analysis for Sundial Growers Inc. [SNDL] stock

With the latest financial reports released by the company, Sundial Growers Inc. posted -1.02/share EPS, while the average EPS was predicted by analysts to be reported at -0.14/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -628.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SNDL.

Sundial Growers Inc. [SNDL]: Insider Ownership positions

There are presently around $12 million, or 3.20% of SNDL stock, in the hands of institutional investors. The top three institutional holders of SNDL stocks are: HUDSON BAY CAPITAL MANAGEMENT LP with ownership of 13,023,460, which is approximately New of the company’s market cap and around 1.63% of the total institutional ownership; ETF MANAGERS GROUP, LLC, holding 3,947,897 shares of the stock with an approximate value of $1.99 million in SNDL stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $0.85 million in SNDL stock with ownership of nearly New of the company’s market capitalization.

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Positions in Sundial Growers Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 17 institutional holders increased their position in Sundial Growers Inc. [NASDAQ:SNDL] by around 15,756,723 shares. Additionally, 9 investors decreased positions by around 3,792,219 shares, while 10 investors held positions by with 5,057,532 shares. The mentioned changes placed institutional holdings at 24,606,474 shares, according to the latest SEC report filing. SNDL stock had 7 new institutional investments in for a total of 14,811,446 shares, while 5 institutional investors sold positions of 300,203 shares during the same period.

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