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SNDL - Neptune Wellness: New Valuation As The Stock Bounces Back From The Bottom
March, 21 2022 10:22 AM
Sundial Growers Inc
Neptune Wellness changed business strategies last year, and the results are now apparent. Neptune reported high revenue, showing a 456% increase YoY and a lower net loss. NEPT stock price has been on a downtrend and recently hit its 52-week low. NEPT's lower price brings a more realistic valuation, but long-term performance may be an issue. I rate Neptune Wellness stock as a Buy and expect a new uptrend to occur over the year. For further details see:
Neptune Wellness: New Valuation As The Stock Bounces Back From The Bottom
Stock Information
Company Name:
Sundial Growers Inc
Stock Symbol:
SNDL
Market:
NASDAQ
Website:
sndlgroup.com
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