Sundial Growers (NASDAQ: SNDL) stock is up 7% today on renewed optimism of federal cannabis legalization in the U.S. Source: Shutterstock SNDL stock is trending higher this morning on reports that the U.S. House of Representatives plans to vote once again on the Marijuana Opportunity, Reinvestment and Expungement (MORE) Act.
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Is sundial growers positioning itself for a buyout?
Mar 25, 2022 · March 25, 2022. Sundial Growers (NASDAQ: SNDL) stock is up 7% today on renewed optimism of federal cannabis legalization in the U.S. Source: Shutterstock. SNDL stock is trending higher this ...
Should you buy sundial growers on the dip?
Mar 21, 2022 · Since Sundial is in the process of acquiring Alcanna, Nova’s results will directly affect SNDL stock. For Q4, Nova reported revenue of $47.6 million, up 176% year over year (YOY) and 23% quarter ...
Is sundial growers too cheap to pass up?
Nov 15, 2021 · Sundial Growers (SNDL) stock popped big time on Friday as it registered a gain of over 27%. The stock and other cannabis stocks are …
Will SNDL stock go up?
Nov 12, 2021 · After the closing bell Thursday afternoon, Sundial released its 2021 third-quarter earnings report. While the company posted net earnings of $11.3 million in Canadian dollars for the three-month ...
Is Sundial growers gonna rise?
The next few weeks may be pivotal to the future of Canada-based licensed cannabis producer Sundial Growers....Sundial Growers analysis: rough start to 2021, encouraging developments later.Long position overnight fee-0.0225%Spread6.702 more rows•Mar 21, 2022
Is Sundial growers bullish?
The market has been high on Sundial Growers Inc (SNDL) stock recently. SNDL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator. Sundial Growers Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SNDL!Mar 18, 2022
Does sundial have a future?
With Sundial's current focus on investments, it's likely that we'll see revenue well above 2021 this year — due mainly to the acquisition of Alcanna and Sundial's partnership with the SAF Group. Also, with strong growth predicted in the cannabis market in the near future, Sundial should be a huge beneficiary.Feb 28, 2022
Should I hold sundial Growers stock?
There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Sundial Growers stock.
What happens if a stock is delisted?
Here's what happens when a stock is delisted. A company receives a warning from an exchange for being out of compliance. That warning comes with a deadline, and if the company has not remedied the issue by then, it is removed from the exchange and instead trades over the counter (OTC), meaning through a dealer network.Mar 7, 2022
What is sundial growers 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.Apr 1, 2022
Is Sundial getting delisted?
SNDL Stock Has Until Feb. If Sundial's price can't reach $1 by Feb. 7 for 10 consecutive days, then the company will face delisting from the Nasdaq exchange. Sundial was hit with this notice because the price of SNDL stock had stayed under $1 for 30 consecutive business days from June 25 to Aug. 6.Feb 4, 2022
What is SNDL stock forecast?
According to 3 Wall Street analysts that have issued a 1 year SNDL price target, the average SNDL price target is $0.89, with the highest SNDL stock price forecast at $0.97 and the lowest SNDL stock price forecast at $0.80.
Is Sundial growers delisted?
Report have dropped more than 90% since the company went public in 2019. Priced under $1 for nearly a year, Sundial runs the risk of being delisted from the Nasdaq stock exchange.Feb 8, 2022
How much cash does sundial growers have?
$721.7 millionIt grew its cash from $47.5 million as of December 2020 to $721.7 million in March 2021 (an increase of more than 1,422%). With no outstanding long-term debt but only $49.8 million in current liabilities, we can understand why Sundial is comfortable making this acquisition.Mar 21, 2022
Q4 Financial Highlights
SNDL Net revenue was $13.9 million for the three months ended December 31, 2020
Sundial Growers Inc. (SNDL) stock rises in the pre-market trading session. Why is it so?
Sundial Growers Inc. (SNDL) stock declined by 0.88% at the last trading close whereas the SNDL stock surges by 3.54% in the pre-market trading session.
Is Sundial Growers a buy right now?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sundial Growers in the last twelve months. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Sundial Growers stock.
What stocks does MarketBeat like better than Sundial Growers?
Wall Street analysts have given Sundial Growers a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sundial Growers wasn't one of them.
When is Sundial Growers' next earnings date?
Sundial Growers is scheduled to release its next quarterly earnings announcement on Wednesday, November 10th 2021.#N#View our earnings forecast for Sundial Growers.
How were Sundial Growers' earnings last quarter?
Sundial Growers Inc. (NASDAQ:SNDL) issued its earnings results on Thursday, August, 12th. The company reported $0.01 EPS for the quarter. The business earned $7.45 million during the quarter, compared to the consensus estimate of $8 million.
How has Sundial Growers' stock been impacted by COVID-19 (Coronavirus)?
Sundial Growers' stock was trading at $0.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SNDL shares have decreased by 19.3% and is now trading at $0.7340.#N#View which stocks have been most impacted by COVID-19.
What price target have analysts set for SNDL?
5 brokerages have issued 12-month price objectives for Sundial Growers' stock. Their forecasts range from $0.40 to $1.15. On average, they anticipate Sundial Growers' stock price to reach $0.73 in the next twelve months.
What is Torsten Kuenzlen's approval rating as Sundial Growers' CEO?
3 employees have rated Sundial Growers CEO Torsten Kuenzlen on Glassdoor.com. Torsten Kuenzlen has an approval rating of 30% among Sundial Growers' employees. This puts Torsten Kuenzlen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
