Tilray Brands (TSE:TLRY) Sets New 52-Week Low – What’s Next?

Tilray Brands, Inc. (TSE:TLRYGet Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as C$5.96 and last traded at C$5.96, with a volume of 79954 shares changing hands. The stock had previously closed at C$6.11.

Tilray Brands Price Performance

The company has a debt-to-equity ratio of 20.36, a current ratio of 2.79 and a quick ratio of 2.15. The stock has a market capitalization of C$746.91 million, a price-to-earnings ratio of -0.41 and a beta of 3.08. The stock has a 50 day moving average price of C$6.92 and a 200-day moving average price of C$9.15.

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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