Tilray Brands (TSE:TLRY) Hits New 1-Year Low – Here’s What Happened

Tilray Brands, Inc. (TSE:TLRY)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$1.72 and last traded at C$1.75, with a volume of 720892 shares. The stock had previously closed at C$1.81.

Tilray Brands Stock Down 1.2 %

The stock has a fifty day moving average price of C$2.08 and a 200-day moving average price of C$2.31. The company has a debt-to-equity ratio of 11.25, a quick ratio of 2.16 and a current ratio of 2.27. The firm has a market cap of C$1.50 billion, a PE ratio of -3.84 and a beta of 2.19.

Tilray Brands Company Profile

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.