Tilray Brands, Inc. (TSE:TLRY - Get Free Report) traded down 2.9% on Friday . The company traded as low as C$0.67 and last traded at C$0.67. 696,847 shares were traded during trading, a decline of 56% from the average session volume of 1,587,825 shares. The stock had previously closed at C$0.69.
Tilray Brands Stock Performance
The company has a market capitalization of C$431.73 million, a price-to-earnings ratio of -1.62 and a beta of 2.19. The company has a debt-to-equity ratio of 10.76, a quick ratio of 2.16 and a current ratio of 2.54. The company's fifty day simple moving average is C$0.59 and its two-hundred day simple moving average is C$1.04.
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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