SNDL Inc (SNDL) – key numbers that make it a Strong Buy For Now

SNDL Inc (NASDAQ: SNDL) is -27.93% 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 -0.02%.

Currently trading at $1.29, the stock is -6.89% and -11.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -1.53% at the moment leaves the stock -29.61% off its SMA200. SNDL registered -49.01% loss for a year compared to 6-month loss of -46.03%.

The stock witnessed a -7.19% gain in the last 1 month and extending the period to 3 months gives it a -30.65%, and is -7.19% 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 3.86% over the week and 4.92% over the month.

SNDL Inc (SNDL) has around 2604 employees, a market worth around $331.92M and $667.48M in sales. Profit margin for the company is -11.48%. Distance from 52-week low is 2.38% and -55.97% 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 92.99% this year.

SNDL Inc (SNDL) Top Institutional Holders

The shares outstanding are 257.29M, and float is at 253.90M with Short Float at 1.43%.

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.