In recent trading session, SNDL Inc (NASDAQ:SNDL) saw 6.12 million shares changing hands at last check today with its beta currently measuring 3.36. Company’s recent per share price level of $1.62 trading at $0.18 or 12.85% at last check today assigns it a market valuation of $423.30M. That most recent trading price of SNDL’s stock is at a discount of -45.68% from its 52-week high price of $2.36 and is indicating a premium of 22.84% from its 52-week low price of $1.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.29 million shares which gives us an average trading volume of 3.35 million if we extend that period to 3-months.
SNDL Inc (NASDAQ:SNDL) trade information
Upright in the green today for gaining 12.85%, in the last five days SNDL remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $1.62 price level, subtracting -1.89% to its value on the day. SNDL Inc’s shares saw a change of -0.91% in year-to-date performance and have moved 16.07% in past 5-day. SNDL Inc (NASDAQ:SNDL) showed a performance of 18.61% in past 30-days. Number of shares sold short was 10.17 million shares which calculate 3.54 days to cover the short interests.
SNDL Inc (SNDL) estimates and forecasts
Statistics highlight that SNDL Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -14.47% of value to its shares in past 6 months, showing an annual growth rate of 70.97% while that of industry is 18.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 11.00% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $748.52 million for the same. And 1 analysts are in estimates of company making revenue of $155.34 million in the next quarter that will end on Mar 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 39.97% during past 5 years.
SNDL Dividends
SNDL Inc is more likely to be releasing its next quarterly report between May 13 and May 17 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
SNDL Inc (NASDAQ:SNDL)’s Major holders
Insiders are in possession of 0.66% of company’s total shares while institution are holding 9.21 percent of that, with stock having share float percentage of 9.27%. Investors also watch the number of corporate investors in a company very closely, which is 9.21% institutions for SNDL Inc that are currently holding shares of the company. Mirae Asset Global Investments Co., Ltd. is the top institutional holder at SNDL for having 5.03 million shares of worth $8.23 million. And as of Dec 30, 2023, it was holding 2.14% of the company’s outstanding shares.
The second largest institutional holder is Citadel Advisors Llc, which was holding about 1.49 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 0.63% of outstanding shares, having a total worth of $2.44 million.
On the other hand, ETF Managers Tr-EFTMG Alternative Harvest ETF and AdvisorShares Trust-AdvisorShares Pure Cannabis ETF are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 7.02 million shares of worth $11.47 million or 2.98% of the total outstanding shares. The later fund manager was in possession of 1.01 million shares on Jan 30, 2024, making its stake of worth around $1.65 million in the company or a holder of 0.43% of company’s stock.
