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Tilray Brands Inc (NASDAQ: TLRY) closed the day trading at $0.46 down -6.26% from the previous closing price of $0.49. In other words, the price has decreased by -$6.26 from its previous closing price. On the day, 22.43 million shares were traded. TLRY stock price reached its highest trading level at $0.49 during the session, while it also had its lowest trading level at $0.4539.
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 462340640 and an Enterprise Value of 521505504. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.16. Its current Enterprise Value per Revenue stands at 0.631 whereas that against EBITDA is 16.283.
Stock Price History:
The Beta on a monthly basis for TLRY is 1.91, which has changed by -0.77560973 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, TLRY has reached a high of $2.31, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is -25.26%, while the 200-Day Moving Average is calculated to be -64.53%.
Shares Statistics:
Over the past 3-months, TLRY traded about 36.21M shares per day on average, while over the past 10 days, TLRY traded about 24171750 shares per day. A total of 1.01B shares are outstanding, with a floating share count of 1.00B. Insiders hold about 0.65% of the company’s shares, while institutions hold 9.91% stake in the company. Shares short for TLRY as of 1744675200 were 173827869 with a Short Ratio of 4.80, compared to 1741910400 on 166289607. Therefore, it implies a Short% of Shares Outstanding of 173827869 and a Short% of Float of 17.330000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0