Tilray Brands (TSE:TLRY) Sets New 1-Year Low – Here’s What Happened

Shares of Tilray Brands, Inc. (TSE:TLRYGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$1.83 and last traded at C$1.86, with a volume of 1082830 shares traded. The stock had previously closed at C$1.90.

Tilray Brands Trading Down 2.1 %

The firm has a market cap of C$1.63 billion, a P/E ratio of -4.22 and a beta of 2.19. The business’s 50 day moving average is C$2.27 and its 200-day moving average is C$2.42. The company has a quick ratio of 2.16, a current ratio of 2.27 and a debt-to-equity ratio of 11.25.

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.

Recommended Stories

Receive News & Ratings for Tilray Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tilray Brands and related companies with MarketBeat.com's FREE daily email newsletter.