Tilray Brands (TSE:TLRY) Trading 10.3% Higher – What’s Next?

Tilray Brands, Inc. (TSE:TLRYGet Free Report) was up 10.3% during trading on Wednesday . The stock traded as high as C$1.60 and last traded at C$1.60. Approximately 998,811 shares were traded during trading, a decline of 30% from the average daily volume of 1,417,468 shares. The stock had previously closed at C$1.45.

Tilray Brands Price Performance

The company has a 50 day moving average price of C$1.80 and a 200-day moving average price of C$2.14. The company has a market cap of C$1.39 billion, a price-to-earnings ratio of -3.53 and a beta of 2.19. The company has a quick ratio of 2.16, a current ratio of 2.27 and a debt-to-equity ratio of 11.25.

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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