Tilray Brands, Inc. (TSE:TLRY - Get Free Report) shares were up 1.4% on Monday . The company traded as high as C$2.26 and last traded at C$2.20. Approximately 2,906,662 shares changed hands during trading, an increase of 2% from the average daily volume of 2,849,616 shares. The stock had previously closed at C$2.17.
Tilray Brands Trading Up 1.4%
The business has a 50 day moving average of C$1.88 and a 200-day moving average of C$1.11. The stock has a market cap of C$2.47 billion, a PE ratio of -0.91 and a beta of 3.88. The company has a current ratio of 2.54, a quick ratio of 2.16 and a debt-to-equity ratio of 10.76.
Tilray Brands Company Profile
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.