Tilray Brands, Inc. (TSE:TLRY - Get Free Report) dropped 3.4% on Thursday . The stock traded as low as C$0.56 and last traded at C$0.56. Approximately 1,058,428 shares traded hands during trading, a decline of 27% from the average daily volume of 1,455,387 shares. The stock had previously closed at C$0.58.
Tilray Brands Stock Up 3.6%
The company has a 50 day simple moving average of C$0.62 and a two-hundred day simple moving average of C$1.15. The company has a quick ratio of 2.16, a current ratio of 2.54 and a debt-to-equity ratio of 10.76. The company has a market capitalization of C$373.73 million, a P/E ratio of -1.40 and a beta of 2.19.
About Tilray Brands
(
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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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