Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. SNDL Inc’s current trading price is -3.18% away from its 52-week high, while its distance from the 52-week low is 106.80%. The stock’s price range during this period has varied between $1.25 and $2.67. The company, active in the Consumer Defensive sector, saw a trading volume of around 4.8 million for the day, considerably lower average daily volume of 6.13 million observed over the last three months.
SNDL Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $2.67 on 04/04/24, and the lowest price during that time was $1.25, recorded on 06/23/23.
How Financial Performance Impacts Market Capitalization
SNDL Inc (SNDL) has experienced a quarterly rise of 94.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 680.06M and boasts a workforce of 2516 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.63, with a change in price of +1.08. Similarly, SNDL Inc recorded 5,199,344 in trading volume during the last 100 days, posting a change of +75.17%.
How SNDL’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SNDL stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.11.
SNDL Stock Stochastic Average
As of today, the raw stochastic average of SNDL Inc over the last 50 days is at 87.87%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 90.96%. Further, the company’s Stochastic %K and %D values for the last 20 days were 78.81% and 69.98%, respectively.
SNDL Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 57.62% this year. Over the last six months, there has been a weaker performance of 68.95%. The price of SNDL fallen by 17.50% during the last 30 days period. For the last 5-days stocks have improved 28.61%.
