The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. SNDL Inc’s current trading price is -37.37% away from its 52-week high, while its distance from the 52-week low is 41.15%. The stock’s price range for this period has been between $1.30 and $2.93 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 1.34 million for the day, a number notably lower than the average daily volume of 2.14 million over the last three 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 03/15/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SNDL Inc (SNDL) has experienced a quarterly decline of -7.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 487.19M 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 1.9213, with a change in price of -0.2561. Similarly, SNDL Inc recorded 2,165,116 in trading volume during the last 100 days, posting a change of -12.20%.
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
SNDL Inc’s raw stochastic average for the past 50 days is presently 58.76%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 58.76%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 52.92% and 54.68%, 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 index has shown a price gain of 2.51% this year. Over the last six months, there has been a stronger performance of -13.85%. The price of SNDL fallen by 1.94% during the last 30 days period. For the last 5-days stocks have slided -4.92%.
