Tilray Brands (TSE:TLRY) Sets New 1-Year Low – Should You Sell?

Tilray Brands, Inc. (TSE:TLRYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$1.95 and last traded at C$1.96, with a volume of 1325694 shares trading hands. The stock had previously closed at C$2.09.

Tilray Brands Stock Performance

The company has a debt-to-equity ratio of 11.25, a current ratio of 2.27 and a quick ratio of 2.16. The business has a 50-day moving average of C$2.30 and a 200-day moving average of C$2.45. The company has a market capitalization of C$1.71 billion, a P/E ratio of -4.33 and a beta of 2.19.

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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