SNDL Inc (NASDAQ: SNDL) is -16.76% lower on its value in year-to-date trading and has touched a low of $1.26 and a high of $2.93 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 $1.48 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $1.49, the stock is 6.66% and -0.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing 0.68% at the moment leaves the stock -20.00% off its SMA200. SNDL registered -25.87% loss for a year compared to 6-month loss of -31.65%. The firm has a 50-day simple moving average (SMA 50) of $1.502 and a 200-day simple moving average (SMA200) of $1.8625.
The stock witnessed a 5.67% gain in the last 1 month and extending the period to 3 months gives it a -13.87%, and is 4.93% 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 5.70% over the week and 5.55% over the month.
SNDL Inc (SNDL) has around 2604 employees, a market worth around $383.37M and $671.30M in sales. Profit margin for the company is -10.17%. Distance from 52-week low is 18.25% and -49.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.85%).
with sales reaching $214.6M over the same period.The EPS is expected to grow by 79.34% this year, but quarterly earnings will post 4.74% year-over-year. Quarterly sales are estimated to grow 8.52% in year-over-year returns.
141.0 institutions hold shares in SNDL Inc (SNDL), with institutional investors hold 16.71% of the company’s shares. The shares outstanding are 263.02M, and float is at 253.90M with Short Float at 1.40%. Institutions hold 16.66% of the Float.
The top institutional shareholder in the company is TOROSO INVESTMENTS, LLC with over 6.2 million shares valued at $11.78 million. The investor’s holdings represent 2.3497 of the SNDL Shares outstanding. As of 2024-06-30, the second largest holder is CANNELL CAPITAL LLC with 4.71 million shares valued at $8.94 million to account for 1.784 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 2.72 million shares representing 1.0295 and valued at over $5.16 million, while MILLENNIUM MANAGEMENT LLC holds 0.7884 of the shares totaling 2.08 million with a market value of $3.95 million.
