Tilray Brands (TSE:TLRY) Shares Up 6.5% – What’s Next?
by Teresa Graham · The Cerbat GemTilray Brands, Inc. (TSE:TLRY – Get Free Report) shares rose 6.5% on Friday . The company traded as high as C$6.28 and last traded at C$6.27. Approximately 395,750 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 540,553 shares. The stock had previously closed at C$5.89.
Tilray Brands Stock Up 6.5%
The firm has a 50-day moving average price of C$6.59 and a two-hundred day moving average price of C$8.67. The firm has a market cap of C$774.08 million, a price-to-earnings ratio of -0.43 and a beta of 3.08. The company has a debt-to-equity ratio of 24.68, a quick ratio of 2.15 and a current ratio of 2.21.
Tilray Brands Company Profile
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.