Tilray Brands (TSE:TLRY) Stock Price Up 10.3% – Here’s What Happened

Shares of Tilray Brands, Inc. (TSE:TLRYGet Free Report) were up 10.3% during mid-day trading on Wednesday . The company traded as high as C$1.60 and last traded at C$1.60. Approximately 998,811 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 1,417,468 shares. The stock had previously closed at C$1.45.

Tilray Brands Stock Up 9.7 %

The firm has a 50-day moving average of C$1.80 and a two-hundred day moving average of C$2.14. The company has a market capitalization of C$1.39 billion, a PE ratio of -3.53 and a beta of 2.19. The company has a quick ratio of 2.16, a current ratio of 2.27 and a debt-to-equity ratio of 11.25.

About Tilray Brands

(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.

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