Shares of Tilray Brands, Inc. (TSE:TLRY – Get Free Report) were down 1.1% during mid-day trading on Tuesday . The stock traded as low as C$0.92 and last traded at C$0.93. Approximately 499,638 shares traded hands during trading, a decline of 67% from the average daily volume of 1,529,435 shares. The stock had previously closed at C$0.94.
Tilray Brands Price Performance
The stock has a market capitalization of C$560.60 million, a P/E ratio of -2.10 and a beta of 2.19. The company has a 50 day moving average of C$1.17 and a 200-day moving average of C$1.74. The company has a quick ratio of 2.16, a current ratio of 2.54 and a debt-to-equity ratio of 10.76.
Tilray Brands Company Profile
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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