Tilray Brands (TSE:TLRY) Reaches New 12-Month Low – Here’s What Happened

Tilray Brands, Inc. (TSE:TLRY – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$4.61 and last traded at C$4.64, with a volume of 1,317,279 shares traded. The stock had previously closed at C$5.03.

Tilray Brands Stock Performance

The stock’s 50 day simple moving average is C$5.92 and its two-hundred day simple moving average is C$6.91. The company has a market capitalization of C$685.74 million, a P/E ratio of -3.29 and a beta of 3.26. The company has a debt-to-equity ratio of 22.91, a current ratio of 1.88 and a quick ratio of 2.15.

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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