As of Thursday close, SNDL Inc.’s (NASDAQ:SNDL) stock was up $0.03, moving up 1.72 percent to $1.77. The average number of shares traded per day over the past five days has been 5,665,200 shares. 4 times new highs have been achieved over the past 5 days, with a $0.1800 gain in that time frame. In the last twenty days, the average volume was 3,997,985, while in the previous 50 days, it was 3,175,058.
Since last month, SNDL stock rose 20.41%. Shares of the company fell to $1.3500 on 07/21/23, the lowest level in the past month. A 52-week high of $3.36 was reached on 02/02/23 after having rallying from a 52-week low of $1.25. Since the beginning of this year, SNDL’s stock price has dropped by -15.31% or -$0.3200, and marked a new high 8 times. However, the stock has declined by -47.32% since its 52-week high.
Valuation Metrics
The stock’s beta is 3.58. Besides these, the trailing price-to-sales (P/S) ratio of 0.69, the price-to-book (PB) ratio of 0.45.
Financial Health
In the three months ended September 29, SNDL Inc.’s quick ratio stood at 3.40, while its current ratio was 4.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.11, and the total debt-to-equity ratio was 0.13. On the profitability front, the trailing twelve-month gross margin is 21.80% percent. In the year ended September 29, EBITDA margin amounted to -1.78%, whereas operating margins totaled -41.30%. Based on annual data, SNDL earned $107.98 million in gross profit and brought in $547.82 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -24.30%. Return on equity (ROE) for the past 12 months was -23.70%.
In SNDL Inc.’s quarter-end financial report for September 29, it reported total debt of $2.08 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SNDL’s revenue rose 92.12% during the quarter, while net income inched up to $545.54 million. While analysts expected SNDL Inc. to report -$0.03 quarterly earnings, the actual figure was -$0.31 per share, beating the consensus estimate by -933.30%. During the quarter, the company generated -$9.82 million in EBITDA. The liabilities of SNDL Inc. were 181.4 million at the end of its most recent quarter ended September 29.
Technical Picture
This quick technical analysis looks at SNDL Inc.’s (SNDL) price momentum. With a historical volatility rate of 74.96%, the RSI 9-day stood at 68.88% on 17 August.
With respect to its five-day moving average, the current SNDL Inc. price is up by +11.32% percent or $0.1800. At present, SNDL shares trade +28.26% above its 20-day simple moving average and +12.74% percent above its 100-day simple moving average. However, the stock is currently trading approximately +19.59% above its SMA50 and -22.71% below its SMA200.
Stochastic coefficient K was 82.12% and Stochastic coefficient D was 80.58%, while ATR was 0.1143. Given the Stochastic reading of 87.15% for the 14-day period, the RSI (14) reading has been calculated as 65.03%. As of today, the MACD Oscillator reading stands at 0.0678, while the 14-day reading stands at 0.0935.
