Tilray Brands, Inc. (TSE:TLRY - Get Free Report) fell 13.1% during mid-day trading on Friday . The stock traded as low as C$1.70 and last traded at C$1.73. 1,246,716 shares traded hands during trading, a decline of 33% from the average session volume of 1,865,527 shares. The stock had previously closed at C$1.99.
Tilray Brands Price Performance
The company has a debt-to-equity ratio of 11.25, a current ratio of 2.27 and a quick ratio of 2.16. The stock has a market cap of C$1.53 billion, a price-to-earnings ratio of -3.89 and a beta of 2.19. The business's 50-day simple moving average is C$1.94 and its two-hundred day simple moving average is C$2.24.
Tilray Brands Company Profile
(
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.
Recommended Stories
Before you consider Tilray Brands, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tilray Brands wasn't on the list.
While Tilray Brands currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
