The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Tilray Brands Inc (NASDAQ: TLRY) closed at $1.23 down -10.22% from its previous closing price of $1.37. In other words, the price has decreased by -$10.22 from its previous closing price. On the day, 60.59 million shares were traded. TLRY stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.18.
Ratios:
For a deeper understanding of Tilray Brands Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 2.54. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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.
FALTISCHEK DENISE M bought 10,000 shares of TLRY for $20,500 on Jan 17 ’24. The Chief Strategy Officer now owns 293,269 shares after completing the transaction at $2.05 per share. On Jan 16 ’24, another insider, Gendel Mitchell, who serves as the Global General Counsel of the company, bought 7,200 shares for $1.98 each. As a result, the insider paid 14,256 and bolstered with 195,796 shares of the company.
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 1142987392 and an Enterprise Value of 1351191168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at 1.664 whereas that against EBITDA is 43.415.
Stock Price History:
The Beta on a monthly basis for TLRY is 2.09, which has changed by -0.41148323 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, TLRY has reached a high of $2.97, while it has fallen to a 52-week low of $1.14. The 50-Day Moving Average of the stock is -11.42%, while the 200-Day Moving Average is calculated to be -28.83%.
Shares Statistics:
For the past three months, TLRY has traded an average of 32.03M shares per day and 46325900 over the past ten days. A total of 925.58M shares are outstanding, with a floating share count of 897.04M. Insiders hold about 0.69% of the company’s shares, while institutions hold 10.27% stake in the company. Shares short for TLRY as of 1734048000 were 114533973 with a Short Ratio of 3.78, compared to 1731628800 on 123239358. Therefore, it implies a Short% of Shares Outstanding of 114533973 and a Short% of Float of 12.770000000000001.
