The Verdict: At today’s price, Sundial stock appears to be overvalued based on a sampling of common fundamental valuation metrics.
Similarly, What type of stock is SNDL?
Sundial Growers (NASDAQ: SNDL) is one of the cannabis industry’s most popular meme stocks.
What is the intrinsic value of SNDL? Over the past 52 weeks, SNDL stock has traded as high as $3.96 a share and as low as 14 cents. For SNDL stock holders, your perspective on this subject really depends on when you picked up your shares. If you bought at the high in mid-February, you probably have an intrinsic value north of $4.
Thereof, Is SNDL shorted?
So, is SNDL stock being shorted? Absolutely, at 15.73% the stock is heavily shorted.
Who is sundial merging with?
Combined with Sundial’s Spiritleaf retail operations, Sundial now owns or operates Canada’s largest cannabis retail network with more than 180 locations.
What is the float for SNDL?
(SNDL) Valuation Measures & Financial Statistics.
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Share Statistics.
| Avg Vol (3 month) 3 | 97.8M |
|---|---|
| Float 8 | 2.06B |
| % Held by Insiders 1 | 0.54% |
| % Held by Institutions 1 | 6.39% |
| Shares Short (Mar 15, 2022) 4 | 240.76M |
How many shares of SNDL are there?
SNDL has 2.50 billion shares outstanding.
Is Sundial a US company?
Sundial Growers Inc. is a Canada-based company that is engaged in the business of production, distribution and sale of cannabis in Canada. The Company’s segments include Cannabis Operations, Cannabis and Liquor Retail and Investment Operations.
What is the float on SNDL?
(SNDL) Valuation Measures & Financial Statistics.
…
Share Statistics.
| Avg Vol (3 month) 3 | 99.65M |
|---|---|
| Float 8 | 2.06B |
| % Held by Insiders 1 | 0.47% |
| % Held by Institutions 1 | 5.53% |
| Shares Short (Mar 15, 2022) 4 | 240.76M |
What is the short position on SNDL?
Short selling SNDL is an investing strategy that aims to generate trading profit from Sundial Growers as its price is falling. Sundial Growers’ stock is trading down $0.03 today.
How much is SNDL shorted?
Is SNDL Stock Being Shorted? According to Ortex, Sundial’s short interest is a whopping 15.73%.
What company did Sundial Growers buy?
By far, the biggest news for Sundial’s stakeholders in recent months has been Sundial’s proposed acquisition of Alcanna (OTCMKTS:LQSIF) for roughly $346 million. This buyout could prove to be transformative for Sundial Growers.
Did sndl buy Alcanna?
Sundial Growers (NASDAQ:SNDL) will extend the outside date for the closing of the acquisition of Alcanna to Mar. 30. The companies agreed to extend the outside date to complete the required closing matters contemplated by the deal. Last month, SNDL had agreed to improve the consideration for Alcanna shareholders.
Did Sundial buy Alcanna?
CALGARY, AB, March 31, 2022 /CNW/ – Sundial Growers Inc. (Nasdaq: SNDL) (« Sundial » or the « Company ») is pleased to announce the completion of the previously disclosed acquisition of all of the issued and outstanding common shares (« Alcanna Shares ») of Alcanna Inc.
Is SNDL stock heavily shorted?
According to Ortex, Sundial’s short interest is a whopping 15.73%. So, is SNDL stock being shorted? Absolutely, at 15.73% the stock is heavily shorted.
Who owns SNDL stock?
Top 10 Owners of Sundial Growers Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| ETF Managers Group LLC | 1.43% | 29,511,037 |
| Susquehanna Financial Group LLLP | 1.08% | 22,139,812 |
| Global X Management Co. LLC | 0.78% | 16,050,417 |
| D. E. Shaw & Co. LP | 0.40% | 8,139,103 |
How much cash is SNDL?
Assets
| Item Item | 30-Sep-2020 | 31-Dec-2020 |
|---|---|---|
| Cash Only Cash Only | 19.74M | 51.58M |
| Short-Term Investments Short-Term Investments | – | – |
| Cash & ST Investments / Total Assets Cash & ST Investments / Total Assets | 11.62% | 22.28% |
| Total Accounts Receivable Total Accounts Receivable | 10.82M | 12.48M |
Who bought SNDL?
Common Shares (SNDL) Institutional Holdings | Nasdaq.
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New and Sold Out Positions.
| OWNER NAME | VONTOBEL HOLDING LTD. |
|---|---|
| SHARES HELD | 781,800 |
| CHANGE (SHARES) | 208,316 |
| CHANGE (%) | 36.325% |
| VALUE (IN 1,000S) | $494 |
Is SNDL a profitable company?
Earnings and Revenue History
Quality Earnings: SNDL is currently unprofitable. Growing Profit Margin: SNDL is currently unprofitable.
What companies does SNDL own?
Its brand portfolio includes Top Leaf, Sundial Cannabis, Palmetto and Grasslands. Sundial also operates the Spiritleaf retail banner.
What does SNDL stock stand for?
Summary. Sundial Growers Inc (SNDL) is a Canadian cannabis and liquor company that is infamous for its extreme dilution of stock by over 19-fold to fund its operations and expansions.
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