SNDL Inc. Stock Falls By 18% In The Last 5 Sessions

(VIANEWS) – Shares of SNDL Inc. (NASDAQ: SNDL) fell by a staggering 18.58% in 5 sessions from $1.83 at -18.58, to $1.49 at 10:54 EST on Tuesday, after four successive sessions in a row of losses. NASDAQ is jumping 0.6% to $13,053.46, after two consecutive sessions in a row of gains.

SNDL Inc.’s last close was $1.56, 67.9% 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 $-0.95.

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%.

Volatility

SNDL Inc.’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.76%, a positive 0.24%, and a positive 3.42%.

SNDL Inc.’s highest amplitude of average volatility was 4.76% (last week), 3.85% (last month), and 3.42% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SNDL Inc.’s stock is considered to be overbought (>=80).

More news about SNDL Inc. (SNDL).

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