Shares of Tilray Brands, Inc. (TSE:TLRY – Get Free Report) reached a new 52-week low on Friday . The company traded as low as C$0.82 and last traded at C$0.82, with a volume of 283716 shares. The stock had previously closed at C$0.87.
Tilray Brands Stock Performance
The company has a 50-day moving average price of C$1.15 and a 200-day moving average price of C$1.73. The company has a quick ratio of 2.16, a current ratio of 2.54 and a debt-to-equity ratio of 10.76. The firm has a market capitalization of C$541.27 million, a price-to-earnings ratio of -2.03 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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