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 -39.50% away from its 52-week high, while its distance from the 52-week low is 36.35%. 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 0.68 million for the day, which was noticeably lower than the average daily share volume of 2.27 million over the last 3 months.
SNDL Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.93 on 05/14/24, while the lowest price for the same period was registered at $1.30 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SNDL Inc (SNDL) has experienced a quarterly decline of -20.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 470.62M 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 1.9480, with a change in price of -0.2150. Similarly, SNDL Inc recorded 2,045,381 in trading volume during the last 100 days, posting a change of -10.86%.
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 28.05%.This indicates a increase from the raw stochastic average of the past 20 days, which was 17.31%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 18.59% and 13.89%, respectively.
SNDL Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -0.97%.However, over the last six months, we can see a stronger performance of -21.91%. Over the last 30 days, the price of SNDL has fallen by 1.87%. And in the last five days, it has surged by 1.29%.
