Tilray Brands (TSE:TLRY) Hits New 52-Week Low – What’s Next?

Shares of Tilray Brands, Inc. (TSE:TLRYGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$6.26 and last traded at C$6.27, with a volume of 166226 shares traded. The stock had previously closed at C$6.52.

Tilray Brands Stock Down 3.8%

The company has a market capitalization of C$774.08 million, a PE ratio of -0.43 and a beta of 3.08. The company’s 50 day moving average is C$7.35 and its two-hundred day moving average is C$9.74. The company has a quick ratio of 2.15, a current ratio of 2.79 and a debt-to-equity ratio of 20.36.

Tilray Brands Company Profile

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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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