These Numbers Show Favorable Signs for SNDL Inc (SNDL)

SNDL Inc (NASDAQ: SNDL) is -15.85% lower on its value in year-to-date trading and has touched a low of $1.25 and a high of $2.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNDL stock was last observed hovering at around $1.38 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $1.38, the stock is -1.43% and -5.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.98 million and changing 0.00% at the moment leaves the stock -11.36% off its SMA200. SNDL registered -32.35% loss for a year compared to 6-month loss of -13.21%. The firm has a 50-day simple moving average (SMA 50) of $0.37 and a 200-day simple moving average (SMA200) of -$1.95.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

The stock witnessed a -6.12% gain in the last 1 month and extending the period to 3 months gives it a 0.00%, and is 3.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.02% over the week and 4.16% over the month.

Profit margin for the company is -23.24%. Distance from 52-week low is 10.40% and -41.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.98%).

SNDL Inc quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $182.59M over the same period.The EPS is expected to grow by 81.86% this year, but quarterly earnings will post 1,185.00% year-over-year. Quarterly sales are estimated to grow 971.60% in year-over-year returns.

SNDL Inc (SNDL) Top Institutional Holders

114 institutions hold shares in SNDL Inc (SNDL), with institutional investors hold 8.41% of the company’s shares. The shares outstanding are 260.49M, and float is at 258.39M with Short Float at 3.73%. Institutions hold 8.37% of the Float.

The top institutional shareholder in the company is ETF Managers Group, LLC with over 7.22 million shares valued at $11.55 million. The investor’s holdings represent 3.07% of the SNDL Shares outstanding. As of Jun 29, 2023, the second largest holder is Mirae Asset Global Investments Co., Ltd. with 3.25 million shares valued at $4.45 million to account for 1.38% of the shares outstanding. The other top investors are Morgan Stanley which holds 0.82 million shares representing 0.35% and valued at over $1.13 million, while Millennium Management Llc holds 0.33% of the shares totaling 0.78 million with a market value of $1.06 million.

SNDL Inc (SNDL) Insider Activity

A total of 0 insider transactions have happened at SNDL Inc (SNDL) in the last six months, with sales accounting for 0 and purchases happening 0 times.