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 -46.59% away from its 52-week high, while its distance from the 52-week low is 11.79%. The stock’s price range over this period has fluctuated between $1.40 and $2.93. The company, operating within the financial sector, had a trading volume of approximately 0.82 million for the day, which was noticeably lower than the average daily share volume of 2.02 million over the last 3 months.
SNDL Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $2.93 on 05/14/24, while the lowest value for the same period was recorded at $1.40 on 03/21/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SNDL Inc (SNDL) has experienced a quarterly decline of -12.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 415.51M 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 1.8339, with a change in price of -0.5850. Similarly, SNDL Inc recorded 2,185,858 in trading volume during the last 100 days, posting a change of -27.21%.
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, SNDL Inc’s raw stochastic average for the past 50 days stands at 17.00%, indicating a decline from the raw stochastic average of the last 20 days, which was 27.42%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 27.22% and 20.18% respectively.
SNDL Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -12.57% this year. Over the last six months, there has been a stronger performance of -27.21%. The price of SNDL leaped by -13.06% during the last 30 days period. For the last 5-days stocks have improved 1.62%.
