Tilray Brands, Inc. (TSE:TLRY - Get Free Report) was down 10.4% during mid-day trading on Monday . The stock traded as low as C$1.20 and last traded at C$1.21. Approximately 735,636 shares changed hands during trading, a decline of 54% from the average daily volume of 1,605,869 shares. The stock had previously closed at C$1.35.
Tilray Brands Trading Down 2.7 %
The company has a debt-to-equity ratio of 10.76, a current ratio of 2.54 and a quick ratio of 2.16. The stock's 50 day moving average is C$1.62 and its 200-day moving average is C$1.99. The company has a market capitalization of C$689.47 million, a P/E ratio of -2.59 and a beta of 2.19.
Tilray Brands Company Profile
(
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Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products through Manitoba Harvest and beer through SweetWater.
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