SNDL Inc (NASDAQ:SNDL) price closed lower on Monday, April 15, dropping -4.00% below its previous close.
A look at the daily price movement shows that the last close reads $2.00. The company’s 5Y monthly beta was ticking 3.41. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.67 and 52-week low of $1.25. The stock added 46.56% on its value in the past month.
SNDL Inc, which has a market valuation of $505.11 million, is expected to release its quarterly earnings report May 13, 2024 – May 17, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SNDL a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that SNDL’s price is at present -0.22% off the SMA20 and 20.80% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 51.88, with weekly volatility standing at 9.18%. The indicator jumps to 11.49% when calculated based on the past 30 days. SNDL Inc (NASDAQ:SNDL)’s beta value is holding at 3.38, while the average true range (ATR) indicator is currently reading 0.18.
An analysis of the SNDL Inc (NASDAQ:SNDL) stock in terms of its daily trading volume indicates that the 3-month average is 5.41 million.
Current records show that the company has 262.78M in outstanding shares. The insiders’ percentage holdings are 0.62% of outstanding shares while the percentage share held by institutions stands at 5.52%. But the 17.07% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
