SNDL Inc [NASDAQ: SNDL] surged by $0.09 during the normal trading session on while it closed the day at $2.11.
SNDL Inc stock has also loss -4.52% of its value over the past 7 days. However, SNDL stock has declined by -14.23% in the 3 months of the year. Over the past six months meanwhile, it has gained 57.46% and gained 28.66% year-on date.
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The market cap for SNDL stock reached $559.36 million, with 265.10 million shares outstanding and 263.48 million shares in the current float. Compared to the average trading volume of 3.40M shares, SNDL reached a trading volume of 3998382 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 SNDL Inc [SNDL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SNDL shares is $3.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SNDL stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Canaccord Genuity have made an estimate for SNDL Inc shares, keeping their opinion on the stock as Speculative Buy, with their previous recommendation back on July 17, 2024. The new note on the price target was released on August 16, 2022, representing the official price target for SNDL Inc stock. Previously, the target price had yet another raise from $0.60 to $0.70, while BMO Capital Markets kept a Market Perform rating on SNDL stock. On March 19, 2021, analysts increased their price target for SNDL shares from 0.40 to 0.65.
The Average True Range (ATR) for SNDL Inc is set at 0.12, with the Price to Sales ratio for SNDL stock in the period of the last 12 months amounting to 0.83. The Price to Book ratio for the last quarter was 0.62, with the Price to Cash per share for the same quarter was set at 0.64. Price to Free Cash Flow for SNDL in the course of the last twelve months was 18.57 with Quick ratio for the last quarter at 2.98.
SNDL stock trade performance evaluation
SNDL Inc [SNDL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.52. With this latest performance, SNDL shares gained by 3.43% in over the last four-week period, additionally plugging by 57.46% over the last 6 months – not to mention a rise of 27.88% 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 48.86, with the RSI for the last a single of trading hit 47.17, and the three-weeks RSI is set at 49.73 for SNDL Inc [SNDL]. The present Moving Average for the last 50 days of trading for this stock 2.07, while it was recorded at 2.09 for the last single week of trading, and 1.77 for the last 200 days.
SNDL Inc [SNDL]: An insightful look at the core fundamentals
SNDL Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.98 and a Current Ratio set at 4.34.
SNDL Inc [SNDL]: Institutional Ownership
The top three institutional holders of SNDL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in SNDL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in SNDL stock with ownership which is approximately 5.1238%.
