SNDL Inc. Stock Bullish Momentum With A 9% Rise At Session Start On Tuesday

(VIANEWS) – Shares of SNDL Inc. (NASDAQ: SNDL) jumped 9.25% to $1.60 at 10:31 EST on Tuesday, after four successive sessions in a row of losses. NASDAQ is jumping 0.94% to $11,785.71, following the last session’s upward trend. This seems, as yet, a somewhat bullish trend trading session today.

SNDL Inc.’s last close was $1.46, 83.61% below its 52-week high of $8.91.

About SNDL Inc.

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Cannabis Operations and Retail Operations segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use markets; and private sale of recreational cannabis through corporate 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 $-0.129.

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%.

Yearly Top and Bottom Value

SNDL Inc.’s stock is valued at $1.60 at 10:31 EST, way under its 52-week high of $8.91 and above its 52-week low of $1.56.

More news about SNDL Inc. (SNDL).

Leave a Reply

Your email address will not be published. Required fields are marked *