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

Tilray Brands, Inc. (TSE:TLRYGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$5.22 and last traded at C$5.30, with a volume of 106359 shares changing hands. The stock had previously closed at C$5.68.

Tilray Brands Price Performance

The stock has a market cap of C$671.61 million, a PE ratio of -0.37 and a beta of 3.08. The company has a debt-to-equity ratio of 20.36, a current ratio of 2.79 and a quick ratio of 2.15. The firm’s 50 day moving average price is C$6.66 and its two-hundred day moving average price is C$8.76.

About Tilray Brands

(Get Free Report)

Tilray Brands, Inc (‘Tilray’) (Nasdaq: TLRY; TSX: TLRY), is a global lifestyle and consumer packaged goods company at the forefront of beverage, cannabis and wellness industries with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy, wellness and create memorable experiences.

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