Tilray Brands, Inc. (TSE:TLRY – Get Free Report) shares fell 1.1% during mid-day trading on Tuesday . The stock traded as low as C$0.92 and last traded at C$0.93. 499,638 shares traded hands during 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 Stock Down 1.1 %
The company has a debt-to-equity ratio of 10.76, a quick ratio of 2.16 and a current ratio of 2.54. The firm has a market capitalization of C$599.26 million, a PE ratio of -2.25 and a beta of 2.19. The company has a fifty day moving average price of C$1.20 and a 200-day moving average price of C$1.75.
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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