Tilray Brands, Inc. (TSE:TLRY – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as C$1.29 and last traded at C$1.31, with a volume of 647955 shares changing hands. The stock had previously closed at C$1.32.
Tilray Brands Price Performance
The stock has a market cap of C$792.57 million, a price-to-earnings ratio of -2.97 and a beta of 2.19. The company’s 50 day moving average is C$1.70 and its 200 day moving average is C$2.05. The company has a debt-to-equity ratio of 10.76, a current ratio of 2.54 and a quick ratio of 2.16.
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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