Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -4.49% this year. Over the last six months, there has been a weaker performance of 36.73%. The price of SNDL fallen by 10.29% during the last 30 days period. For the last 5-days stocks have slided -4.94%.
The present stock price for SNDL Inc. (SNDL) is $2.00. In the last trading session, the stock made a considerable jump, reaching $2.1574 after an opening price of $2.15. The stock briefly fell to $2.00 before ending the session at $2.02.
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SNDL Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $3.36 on 12/05/22 and a low of $1.25 for the same time frame on 06/23/23.
52-week price history of SNDL Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. SNDL Inc.’s current trading price is -40.59% away from its 52-week high, while its distance from the 52-week low is 59.70%. The stock’s price range during this time has been between $1.25 and $3.36. The trading volume for the Consumer Defensive sector company’s shares reached about 2.97 million for the day, which was lower than the average daily volume of 4.6 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
SNDL Inc. (SNDL) has experienced a quarterly rise of 44.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 524.86M and boasts a workforce of 1346 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.59, with a change in price of +0.65. Similarly, SNDL Inc. recorded 3,983,220 in trading volume during the last 100 days, posting a change of +47.45%.
SNDL’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SNDL stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.10.
SNDL Stock Stochastic Average
Today’s raw stochastic average for SNDL Inc. over the last 50 days is 66.34%.This indicates a increase from the raw stochastic average of the past 20 days, which was 61.36%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 66.29% and 74.58%, respectively.
