Tilray Brands (TSE:TLRY) Reaches New 1-Year Low – Time to Sell?

Tilray Brands, Inc. (TSE:TLRYGet Free Report) hit a new 52-week low during mid-day 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 trading hands. The stock had previously closed at C$1.90.

Tilray Brands Stock Down 1.6 %

The business has a fifty day moving average of C$2.25 and a 200-day moving average of C$2.41. The company has a debt-to-equity ratio of 11.25, a current ratio of 2.27 and a quick ratio of 2.16. The stock has a market cap of C$1.58 billion, a PE ratio of -4.02 and a beta of 2.19.

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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