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Tilray Brands (TSE:TLRY) Sets New 52-Week Low - Here's Why

Tilray Brands logo with Medical background

Tilray Brands, Inc. (TSE:TLRY - Get Free Report)'s stock price reached a new 52-week low on Wednesday . The company 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 Trading Up 1.2 %

The company has a debt-to-equity ratio of 11.25, a quick ratio of 2.16 and a current ratio of 2.27. The company has a market capitalization of C$1.51 billion, a price-to-earnings ratio of -3.84 and a beta of 2.19. The firm has a fifty day moving average price of C$1.88 and a 200-day moving average price of C$2.22.

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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