Tilray Brands (TSE:TLRY) Hits New 12-Month Low – Should You Sell?

Shares of Tilray Brands, Inc. (TSE:TLRYGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$1.29 and last traded at C$1.31, with a volume of 647955 shares changing hands. The stock had previously closed at C$1.32.

Tilray Brands Stock 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 firm has a market capitalization of C$824.79 million, a PE ratio of -3.09 and a beta of 2.19. The stock’s 50 day moving average price is C$1.72 and its two-hundred day moving average price is C$2.06.

About Tilray Brands

(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.

Further Reading

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