Tilray Brands (TSE:TLRY) Stock Price Up 10.3% – Time to Buy?

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

Tilray Brands Trading Down 3.3 %

The company has a market cap of C$1.29 billion, a PE ratio of -3.27 and a beta of 2.19. The company has a current ratio of 2.27, a quick ratio of 2.16 and a debt-to-equity ratio of 11.25. The business has a 50 day simple moving average of C$1.78 and a two-hundred day simple moving average of C$2.13.

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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