Tilray Brands (TSE:TLRY) Hits New 12-Month Low – Should You Sell?

Tilray Brands, Inc. (TSE:TLRYGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as C$1.83 and last traded at C$1.86, with a volume of 1082830 shares changing hands. The stock had previously closed at C$1.90.

Tilray Brands Trading Down 1.6 %

The company has a quick ratio of 2.16, a current ratio of 2.27 and a debt-to-equity ratio of 11.25. The stock has a fifty day simple moving average of C$2.25 and a 200 day simple moving average of C$2.41. The firm has a market capitalization of C$1.58 billion, a P/E ratio of -4.02 and a beta of 2.19.

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.

Further Reading

Receive News & Ratings for Tilray Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tilray Brands and related companies with MarketBeat.com's FREE daily email newsletter.