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

Tilray Brands, Inc. (TSE:TLRYGet Free Report) hit a new 52-week low on Monday . The stock 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 Price Performance

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

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.

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