Tilray Brands, Inc. (TSE:TLRY - Get Free Report) shares dropped 7.4% during mid-day trading on Tuesday . The stock traded as low as C$0.62 and last traded at C$0.63. Approximately 1,254,646 shares traded hands during trading, a decline of 15% from the average daily volume of 1,478,112 shares. The stock had previously closed at C$0.68.
Tilray Brands Stock Down 3.2%
The stock has a market cap of C$386.62 million, a PE ratio of -1.45 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 company's 50-day moving average price is C$0.72 and its 200 day moving average price is C$1.31.
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.
Featured Articles
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
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
