Tilray Brands, Inc. (TSE:TLRY - Get Free Report)'s stock price shot up 16.5% during trading on Tuesday . The stock traded as high as C$1.07 and last traded at C$1.06. 1,941,640 shares were traded during trading, an increase of 21% from the average session volume of 1,604,702 shares. The stock had previously closed at C$0.91.
Tilray Brands Stock Performance
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 firm's fifty day moving average price is C$0.66 and its 200 day moving average price is C$0.94. The firm has a market capitalization of C$605.71 million, a PE ratio of -2.27 and a beta of 2.19.
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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