(VIANEWS) – Shares of SNDL Inc. (NASDAQ: SNDL) jumped by a staggering 16.79% in 5 sessions from $1.37 at 16.79, to $1.60 at 15:11 EST on Wednesday, following the last session’s downward trend. NASDAQ is rising 0.6% to $12,153.32, after two successive sessions in a row of losses.
SNDL Inc.’s last close was $1.53, 80.88% below its 52-week high of $8.00.
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 $-1.12.
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 -18.89%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SNDL Inc.’s stock is considered to be oversold (<=20).
More news about SNDL Inc. (SNDL).
