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Tilray Brands (TSE:TLRY) Hits New 12-Month Low - Here's Why

Tilray Brands logo with Medical background

Tilray Brands, Inc. (TSE:TLRY - Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$1.65 and last traded at C$1.70, with a volume of 1415249 shares changing hands. The stock had previously closed at C$1.71.

Tilray Brands Price Performance

The company has a current ratio of 2.27, a quick ratio of 2.16 and a debt-to-equity ratio of 11.25. The firm has a market cap of C$1.48 billion, a P/E ratio of -3.76 and a beta of 2.19. The business has a 50-day moving average of C$1.89 and a two-hundred day moving average of C$2.23.

About Tilray Brands

(Get Free Report)

Tilray Brands, Inc, a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Beverage Alcohol, Cannabis, Distribution, and Wellness.

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