SNDL Inc. Stock Bearish Momentum With A 20% Fall In The Last 10 Sessions

(VIANEWS) – Shares of SNDL Inc. (NASDAQ: SNDL) slid by a staggering 20.77% in 10 sessions from $1.83 at 2023-05-22, to $1.45 at 20:22 EST on Monday, following the last session’s downward trend. NASDAQ is dropping 0.09% to $13,229.43, after two sequential sessions in a row of gains.

SNDL Inc.’s last close was $1.45, 70.16% below its 52-week high of $4.86.

About SNDL Inc.

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through four segments: Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores. The company also produces and distributes inhalable products, such as flower, pre-rolls, and vapes. It offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. The company was formerly known as Sundial Growers Inc. and changed its name to SNDL Inc. in July 2022. SNDL Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.

Earnings Per Share

As for profitability, SNDL Inc. has a trailing twelve months EPS of $-1.08.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -28.03%.

Volume

Today’s last reported volume for SNDL Inc. is 1618176 which is 49.82% below its average volume of 3055050.

Volatility

SNDL Inc.’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.37%, a negative 0.97%, and a positive 3.34%.

SNDL Inc.’s highest amplitude of average volatility was 3.46% (last week), 3.91% (last month), and 3.34% (last quarter).

Moving Average

SNDL Inc.’s worth is under its 50-day moving average of $1.57 and way under its 200-day moving average of $2.19.

Sales Growth

SNDL Inc.’s sales growth is 945.2% for the ongoing quarter and 1186.9% for the next.

More news about SNDL Inc. (SNDL).

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