Tilray Brands (TSE:TLRY) Trading Down 1.7% – Here’s What Happened

Tilray Brands, Inc. (TSE:TLRYGet Free Report) was down 1.7% on Wednesday . The company traded as low as C$6.65 and last traded at C$6.74. Approximately 545,328 shares were traded during trading, a decline of 4% from the average daily volume of 568,121 shares. The stock had previously closed at C$6.86.

Tilray Brands Price Performance

The business’s 50 day moving average is C$8.06 and its two-hundred day moving average is C$10.17. The firm has a market cap of C$814.31 million, a P/E ratio of -0.46 and a beta of 3.01. The company has a quick ratio of 2.16, a current ratio of 2.79 and a debt-to-equity ratio of 20.36.

About Tilray Brands

(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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