SNDL Inc (NASDAQ: SNDL) is -27.37% 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 $1.31 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.30, the stock is -6.71% and -11.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -0.76% at the moment leaves the stock -29.45% off its SMA200. SNDL registered -44.68% loss for a year compared to 6-month loss of -38.39%.
The stock witnessed a -2.26% gain in the last 1 month and extending the period to 3 months gives it a -30.11%, and is -12.75% down 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 4.66% over the week and 5.45% over the month.
SNDL Inc (SNDL) has around 2604 employees, a market worth around $334.49M and $667.48M in sales. Profit margin for the company is -11.48%. Distance from 52-week low is 3.17% and -55.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.08%).
The EPS is expected to grow by 93.03% this year
The shares outstanding are 257.29M, and float is at 253.90M with Short Float at 1.40%.
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.
