Tilray Brands, Inc. (TSE:TLRY – Get Free Report) shares traded down 13.1% on Friday . The company traded as low as C$1.70 and last traded at C$1.73. 1,246,716 shares traded hands during trading, a decline of 33% from the average session volume of 1,865,527 shares. The stock had previously closed at C$1.99.
Tilray Brands Stock Down 12.1 %
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 firm has a market capitalization of C$1.53 billion, a P/E ratio of -3.89 and a beta of 2.19. The stock’s 50-day simple moving average is C$1.93 and its 200-day simple moving average is C$2.24.
About Tilray Brands
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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