Tilray Brands (TSE:TLRY) Stock Price Down 3% – What’s Next?
by Amy Steele · The Cerbat GemTilray Brands, Inc. (TSE:TLRY – Get Free Report)’s share price dropped 3% during trading on Friday . The stock traded as low as C$5.55 and last traded at C$5.56. 471,589 shares traded hands during trading, a decline of 14% from the average daily volume of 545,995 shares. The stock had previously closed at C$5.73.
Tilray Brands Trading Down 3.0%
The company has a quick ratio of 2.15, a current ratio of 2.21 and a debt-to-equity ratio of 24.68. The stock has a market capitalization of C$764.95 million, a P/E ratio of -5.10 and a beta of 3.22. The company has a fifty day simple moving average of C$6.18 and a two-hundred day simple moving average of C$7.61.
About Tilray Brands
Tilray Brands, Inc (‘Tilray’) (Nasdaq: TLRY; TSX: TLRY), is a global lifestyle and consumer packaged goods company at the forefront of beverage, cannabis and wellness industries with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy, wellness and create memorable experiences.