SNDL Inc [NASDAQ: SNDL] closed the trading session at $1.35.
The stocks have a year to date performance of -24.58 percent and weekly performance of -8.16 percent. The stock has been moved at -36.92 percent over the last six months. The stock has performed -4.93 percent around the most recent 30 days and changed -18.67 percent over the most recent 3-months.
If compared to the average trading volume of 1.71M shares, SNDL reached to a volume of 1838489 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 $3.49 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 0.08, with the Price to Sales ratio for SNDL stock in the period of the last 12 months amounting to 0.52. The Price to Book ratio for the last quarter was 0.45, with the Price to Cash per share for the same quarter was set at 0.65. Price to Free Cash Flow for SNDL in the course of the last twelve months was 3.42 with Quick ratio for the last quarter at 3.12.
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 -8.16. With this latest performance, SNDL shares dropped by -4.93% in over the last four-week period, additionally sinking by -36.92% over the last 6 months – not to mention a drop of -39.19% 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 40.01, with the RSI for the last a single of trading hit 36.76, and the three-weeks RSI is set at 40.87 for SNDL Inc [SNDL]. The present Moving Average for the last 50 days of trading for this stock 1.4790, while it was recorded at 1.4240 for the last single week of trading, and 1.8504 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 3.12 and a Current Ratio set at 4.62.
Earnings per share (EPS) analysis for SNDL Inc [SNDL] stock
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SNDL Inc go to 56.28%.
SNDL Inc [SNDL]: Institutional Ownership
The top three institutional holders of SNDL stocks are: TOROSO INVESTMENTS, LLC with ownership of 6.2 million shares, which is approximately 2.3497%. CANNELL CAPITAL LLC, holding 4.71 million shares of the stock with an approximate value of $$8.94 million in SNDL stocks shares; and CANNELL CAPITAL LLC, currently with $$5.16 million in SNDL stock with ownership which is approximately 1.0295%.
