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Tilray Brands (TSE:TLRY) Stock Price Up 14.6% - Still a Buy?

Tilray Brands logo with Medical background

Tilray Brands, Inc. (TSE:TLRY - Get Free Report) shares rose 14.6% on Monday . The company traded as high as C$2.04 and last traded at C$2.04. Approximately 1,135,762 shares were traded during trading, a decline of 19% from the average daily volume of 1,400,244 shares. The stock had previously closed at C$1.78.

Tilray Brands Stock Performance

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 firm has a 50 day moving average price of C$2.02 and a two-hundred day moving average price of C$2.28. The company has a market capitalization of C$1.79 billion, a P/E ratio of -4.56 and a beta of 2.19.

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.

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