Ratios Reveal: Breaking Down Tilray Brands Inc (TLRY)’s Financial Health

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

Tilray Brands Inc (NASDAQ: TLRY) closed the day trading at $25.79M up 43447856% from the previous closing price of $0.38. In other words, the price has increased by $43447856 from its previous closing price. On the day, 43.45 million shares were traded. TLRY stock price reached its highest trading level at $0.387 during the session, while it also had its lowest trading level at $0.36.

Ratios:

For a better understanding of TLRY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.62. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on April 05, 2024, Reiterated its Neutral rating but revised its target price to $2.75 from $2.25 previously.

On November 02, 2022, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $3.90.

The Benchmark Company Downgraded its Hold to Sell on July 29, 2022, while the target price for the stock was maintained at $3.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 15 ’24 when Merton Carl A bought 26,000 shares for $1.36 per share. The transaction valued at 35,360 led to the insider holds 26,000 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TLRY now has a Market Capitalization of 365727616 and an Enterprise Value of 426702528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at 0.516 whereas that against EBITDA is 13.323.

Stock Price History:

The Beta on a monthly basis for TLRY is 1.85, which has changed by -0.78313255 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, TLRY has reached a high of $2.15, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is -19.00%, while the 200-Day Moving Average is calculated to be -65.65%.

Shares Statistics:

Over the past 3-months, TLRY traded about 25.79M shares per day on average, while over the past 10 days, TLRY traded about 29768300 shares per day. A total of 1.03B shares are outstanding, with a floating share count of 1.02B. Insiders hold about 0.73% of the company’s shares, while institutions hold 9.06% stake in the company. Shares short for TLRY as of 1748563200 were 183879751 with a Short Ratio of 7.13, compared to 1745971200 on 175588777. Therefore, it implies a Short% of Shares Outstanding of 183879751 and a Short% of Float of 18.21.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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