SNDL Inc. (NASDAQ:SNDL - Get Free Report) shares were up 0.5% on Friday . The stock traded as high as $1.95 and last traded at $1.91. Approximately 2,244,376 shares were traded during trading, a decline of 27% from the average daily volume of 3,069,088 shares. The stock had previously closed at $1.90.
SNDL Trading Up 0.5 %
The company has a debt-to-equity ratio of 0.10, a current ratio of 5.61 and a quick ratio of 4.16. The stock's 50-day moving average is $1.93 and its two-hundred day moving average is $2.01. The company has a market cap of $317.10 million, a P/E ratio of -6.16 and a beta of 3.18.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of SNDL. Tidal Investments LLC lifted its stake in shares of SNDL by 5.0% in the 3rd quarter. Tidal Investments LLC now owns 6,510,961 shares of the company's stock worth $13,413,000 after purchasing an additional 311,642 shares during the period. State Street Corp increased its holdings in SNDL by 1.5% during the third quarter. State Street Corp now owns 353,107 shares of the company's stock valued at $727,000 after buying an additional 5,246 shares during the last quarter. RMR Capital Management LLC purchased a new stake in SNDL during the third quarter valued at approximately $103,000. Vontobel Holding Ltd. raised its position in SNDL by 38.7% in the third quarter. Vontobel Holding Ltd. now owns 159,914 shares of the company's stock worth $329,000 after acquiring an additional 44,579 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of SNDL during the 3rd quarter worth $33,000.
SNDL Company Profile
(
Get Free Report)
SNDL Inc engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. 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.
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