Tilray Brands (TSE:TLRY) Trading Down 3% – What’s Next?

Tilray Brands, Inc. (TSE:TLRYGet Free Report)’s stock price fell 3% during mid-day trading on Friday . The company traded as low as C$5.55 and last traded at C$5.56. Approximately 471,589 shares were traded during mid-day 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 current ratio of 2.21, a quick ratio of 2.15 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 50-day moving average price of C$6.18 and a 200 day moving average price of C$7.61.

Tilray Brands Company Profile

(Get Free Report)

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.

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