Free Trial

Tilray Brands (TSE:TLRY) Stock Price Up 7.2% - What's Next?

Tilray Brands logo with Medical background

Tilray Brands, Inc. (TSE:TLRY - Get Free Report)'s stock price shot up 7.2% during mid-day trading on Tuesday . The company traded as high as C$0.76 and last traded at C$0.74. 526,514 shares were traded during mid-day trading, a decline of 67% from the average session volume of 1,582,286 shares. The stock had previously closed at C$0.69.

Tilray Brands Trading Down 7.0%

The stock has a market cap of C$515.49 million, a PE ratio of -1.93 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 stock has a fifty day moving average price of C$0.61 and a 200 day moving average price of C$1.01.

About Tilray Brands

(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.

See Also

Should You Invest $1,000 in Tilray Brands Right Now?

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

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

ALERT: Big Tech Earnings – Watch Before Wednesday
ACT FAST! Congress is Dumping these 3 Stocks
3 “Boring” Mega Cap Stocks to Turn Into Pure Profit

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines