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

Tilray Brands, Inc. (TSE:TLRYGet Free Report)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as C$5.87 and last traded at C$5.88, with a volume of 377638 shares trading hands. The stock had previously closed at C$6.00.

Tilray Brands Stock Down 2.0%

The business has a 50-day moving average of C$6.72 and a 200-day moving average of C$8.89. The company has a debt-to-equity ratio of 20.36, a quick ratio of 2.15 and a current ratio of 2.79. The stock has a market capitalization of C$677.78 million, a price-to-earnings ratio of -0.38 and a beta of 3.08.

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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