Previous close | 2.0700 |
Open | 2.0600 |
Bid | 1.9900 x 2900 |
Ask | 2.0200 x 2100 |
Day's range | 1.9700 - 2.0700 |
52-week range | 1.2500 - 2.6700 |
Volume | |
Avg. volume | 5,651,001 |
Market cap | 526.168M |
Beta (5Y monthly) | 3.41 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
SNDL (NASDAQ: SNDL) has been transforming its business in recent years. Most recently, the company also hit a significant milestone, by reporting positive free cash flow. Has the stock become a better buy after its latest quarter, and is it worth investing in today, or should investors remain cautious on SNDL?
The company posted some encouraging numbers in its third-quarter earnings report, plus it announced the renewal of its share-repurchase program.
Investing in turnaround plays isn't a strategy for the faint of heart, especially not when it comes to Canadian cannabis businesses. Major competitors like Tilray Brands (NASDAQ: TLRY) and SNDL (NASDAQ: SNDL) have lost a significant portion of their value over the last few years while the stock market has grown more than 30%, even amid the effect of a brutal bear market in 2022. SNDL's turnaround is in full swing, and its progress is undeniable.