Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. SNDL Inc’s current trading price is -36.18% away from its 52-week high, while its distance from the 52-week low is 43.85%. The stock’s price range over this period has fluctuated between $1.30 and $2.93. The company, operating within the financial sector, had a trading volume of approximately 0.7 million for the day, which was noticeably lower than the average daily share volume of 2.15 million over the last 3 months.
SNDL Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $2.93 on 05/14/24 and a low of $1.30 for the same time frame on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SNDL Inc (SNDL) has experienced a quarterly decline of -7.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 496.48M and boasts a workforce of 2516 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.0085, with a change in price of -0.2050. Similarly, SNDL Inc recorded 1,990,901 in trading volume during the last 100 days, posting a change of -9.86%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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 30.00%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 66.18%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 52.28% and 47.44%, respectively.
SNDL Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 14.02% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -2.60%. Over the past 30 days, the price of SNDL has leaped by -7.43%. And in the last five days, it has surged by 10.00%.
