SNDL Inc (NASDAQ: SNDL) is -27.52% lower on its value in year-to-date trading and has touched a low of $1.15 and a high of $2.40 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 $1.54 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.58, the stock is 16.01% and 19.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing 2.60% at the moment leaves the stock -4.19% off its SMA200. SNDL registered -11.73% loss for a year compared to 6-month loss of -12.22%. The firm has a 50-day simple moving average (SMA 50) of $1.3202 and a 200-day simple moving average (SMA200) of $1.6515.
The stock witnessed a 24.41% gain in the last 1 month and extending the period to 3 months gives it a 12.86%, and is 0.00% 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 6.57% over the week and 5.24% over the month.
SNDL Inc (SNDL) has around 2604 employees, a market worth around $406.56M and $667.48M in sales. Profit margin for the company is -11.48%. Distance from 52-week low is 37.39% and -34.17% 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 58.36% this year.
SNDL Inc (SNDL) Top Institutional Holders
136.0 institutions hold shares in SNDL Inc (SNDL), with institutional investors hold 16.86% of the company’s shares. The shares outstanding are 257.29M, and float is at 253.95M with Short Float at 1.21%. Institutions hold 16.13% 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.
SNDL Inc (SNDL) Insider Activity
#####
