Tilray Brands, Inc. (TSE:TLRY - Get Free Report)'s share price traded down 3.5% during trading on Friday . The stock traded as low as C$0.81 and last traded at C$0.83. 370,072 shares traded hands during trading, a decline of 77% from the average session volume of 1,613,916 shares. The stock had previously closed at C$0.86.
Tilray Brands Price Performance
The firm has a market cap of C$509.05 million, a price-to-earnings ratio of -1.91 and a beta of 2.19. The company has a current ratio of 2.54, a quick ratio of 2.16 and a debt-to-equity ratio of 10.76. The company has a 50 day moving average of C$0.61 and a 200 day moving average of C$1.00.
Tilray Brands Company Profile
(
Get Free Report)
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.
Read More
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
