Tilray Brands (TSE:TLRY) Hits New 1-Year Low – What’s Next?

Shares of Tilray Brands, Inc. (TSE:TLRY – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as C$1.72 and last traded at C$1.75, with a volume of 720892 shares traded. The stock had previously closed at C$1.81.

Tilray Brands Trading Down 1.7 %

The company has a 50 day moving average of C$2.11 and a two-hundred day moving average of C$2.32. The company has a debt-to-equity ratio of 11.25, a quick ratio of 2.16 and a current ratio of 2.27. The stock has a market capitalization of C$1.56 billion, a PE ratio of -4.02 and a beta of 2.19.

Tilray Brands Company Profile

(Get Free Report)

Tilray Brands, Inc, a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Beverage Alcohol, Cannabis, Distribution, and Wellness.

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