Tilray Brands, Inc. (TSE:TLRY – Get Free Report)’s share price fell 1.1% on Tuesday . The stock traded as low as C$0.92 and last traded at C$0.93. 499,638 shares were traded during mid-day trading, a decline of 67% from the average session volume of 1,529,435 shares. The stock had previously closed at C$0.94.
Tilray Brands Price Performance
The company has a current ratio of 2.54, a quick ratio of 2.16 and a debt-to-equity ratio of 10.76. The stock has a 50 day simple moving average of C$1.20 and a 200-day simple moving average of C$1.75. The firm has a market cap of C$599.26 million, a PE ratio of -2.25 and a beta of 2.19.
About Tilray Brands
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products through Manitoba Harvest and beer through SweetWater.
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