Tilray Brands, Inc. (TSE:TLRY – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.82 and last traded at C$0.82, with a volume of 283716 shares traded. The stock had previously closed at C$0.87.
Tilray Brands Stock Down 3.4 %
The company has a market capitalization of C$541.27 million, a price-to-earnings ratio of -2.03 and a beta of 2.19. 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 business has a 50-day moving average price of C$1.15 and a 200-day moving average price of C$1.73.
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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