|Bid||2.6800 x 28000|
|Ask||2.7300 x 1100|
|Day's Range||2.6000 - 2.7500|
|52 Week Range||1.9600 - 8.9100|
|Beta (5Y Monthly)||3.86|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of SNDL (NASDAQ: SNDL) have been soaring of late. The cannabis and liquor company also released an impressive earnings report earlier this week. With more growth and bullishness currently behind the stock, is now the time for investors to load up on SNDL?
SNDL issued a press release this morning announcing their financial results for the third quarter ended on September 30th, 2022. SNDL has also posted a supplemental investor presentation found on the sndl.com website. Presenting on this morning's call, we have Zach George, chief executive officer; Jim Keough, chief financial officer; Tank Vander, president of liquor retail; and Andrew Stordeur, president and chief operating officer.
The trading week started off nicely for Canadian marijuana company SNDL (NASDAQ: SNDL), which saw its share price inch marginally higher as the S&P 500 index slumped by nearly 1%. Fueled by acquisitions, SNDL managed to boost its net revenue for the third quarter by more than 16-fold on a year-over-year basis to 230.5 million Canadian dollars ($173.8 million). The story was different on the bottom line, where SNDL flipped to a loss of CA$98.8 million ($74.5 million) from the year-ago profit of CA$16.7 million ($12.6 million).