Tilray Brands, Inc. (TSE:TLRY - Get Free Report) shares traded down 7.4% during trading on Tuesday . The company traded as low as C$0.62 and last traded at C$0.63. 1,254,646 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 1,478,112 shares. The stock had previously closed at C$0.68.
Tilray Brands Trading Down 3.2%
The business's 50 day simple moving average is C$0.73 and its 200 day simple moving average is C$1.32. The company has a market capitalization of C$386.62 million, a price-to-earnings ratio of -1.45 and a beta of 2.19. The company has a debt-to-equity ratio of 10.76, a current ratio of 2.54 and a quick ratio of 2.16.
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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