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2LK Stock Overview
Operates retail cannabis stores with a focus on the recreational-use cannabis market in Canada.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Nova Cannabis Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.16 |
| 52 Week High | CA$1.30 |
| 52 Week Low | CA$0.42 |
| Beta | -2.06 |
| 11 Month Change | 3.57% |
| 3 Month Change | 39.76% |
| 1 Year Change | 164.84% |
| 33 Year Change | -44.76% |
| 5 Year Change | n/a |
| Change since IPO | -45.48% |
Recent News & Updates
Recent updates
Shareholder Returns
| 2LK | DE Specialty Retail | DE Market | |
|---|---|---|---|
| 7D | 2.7% | -3.2% | -1.8% |
| 1Y | 164.8% | 20.2% | 13.2% |
Return vs Industry: 2LK exceeded the German Specialty Retail industry which returned 25.2% over the past year.
Return vs Market: 2LK exceeded the German Market which returned 19% over the past year.
Price Volatility
| 2LK volatility | |
|---|---|
| 2LK Average Weekly Movement | 7.1% |
| Specialty Retail Industry Average Movement | 5.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in DE Market | 11.5% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 2LK's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 2LK's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 719 | Grant Sanderson | www.novacannabis.ca |
Nova Cannabis Inc. operates retail cannabis stores with a focus on the recreational-use cannabis market in Canada. The company is headquartered in Edmonton, Canada. Nova Cannabis Inc. is a subsidiary of SNDL Inc.
Nova Cannabis Inc. Fundamentals Summary
| 2LK fundamental statistics | |
|---|---|
| Market cap | €72.61m |
| Earnings (TTM) | €2.05m |
| Revenue (TTM) | €179.49m |
35.5x
P/E Ratio0.4x
P/S RatioIs 2LK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2LK income statement (TTM) | |
|---|---|
| Revenue | CA$268.56m |
| Cost of Revenue | CA$201.89m |
| Gross Profit | CA$66.67m |
| Other Expenses | CA$63.61m |
| Earnings | CA$3.06m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.049 |
| Gross Margin | 24.83% |
| Net Profit Margin | 1.14% |
| Debt/Equity Ratio | 21.1% |
How did 2LK perform over the long term?
See historical performance and comparison