Tilray Brands (TSE:TLRY) Hits New 1-Year Low – What’s Next?

Tilray Brands, Inc. (TSE:TLRYGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$1.72 and last traded at C$1.75, with a volume of 720892 shares. The stock had previously closed at C$1.81.

Tilray Brands Trading Down 1.7 %

The stock has a fifty day moving average of C$2.11 and a 200-day moving average of C$2.32. The company has a debt-to-equity ratio of 11.25, a quick ratio of 2.16 and a current ratio of 2.27. The company has a market cap of C$1.56 billion, a PE ratio of -4.02 and a beta of 2.19.

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.

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