Tilray Brands, Inc. (TSE:TLRY – Get Free Report)’s share price reached a new 52-week low on Friday . The stock traded as low as C$0.82 and last traded at C$0.82, with a volume of 283716 shares. The stock had previously closed at C$0.87.
Tilray Brands Trading Down 5.7 %
The company has a debt-to-equity ratio of 10.76, a current ratio of 2.54 and a quick ratio of 2.16. The stock has a market capitalization of C$528.38 million, a price-to-earnings ratio of -1.98 and a beta of 2.19. The business has a 50 day simple moving average of C$1.17 and a 200-day simple moving average of C$1.74.
Tilray Brands Company Profile
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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