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Tilray Brands (TSE:TLRY) Stock Price Down 2.1% - Here's What Happened

Tilray Brands logo with Medical background

Tilray Brands, Inc. (TSE:TLRY - Get Free Report)'s stock price fell 2.1% on Thursday . The company traded as low as C$2.28 and last traded at C$2.28. 435,367 shares traded hands during trading, a decline of 70% from the average session volume of 1,440,624 shares. The stock had previously closed at C$2.33.

Tilray Brands Price Performance

The company has a quick ratio of 2.16, a current ratio of 2.27 and a debt-to-equity ratio of 11.25. The stock's 50-day simple moving average is C$2.31 and its two-hundred day simple moving average is C$2.45. The company has a market capitalization of C$2.01 billion, a price-to-earnings ratio of -5.11 and a beta of 2.19.

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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