Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Tilray Brands Inc’s stock clocked out at $1.10, down -3.51% from its previous closing price of $1.14. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 34.34 million shares were traded. TLRY stock price reached its highest trading level at $1.15 during the session, while it also had its lowest trading level at $1.09.
Ratios:
To gain a deeper understanding of TLRY’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1027370304 and an Enterprise Value of 1351191168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 0.29. 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 2.06, which has changed by -0.39999998 over the last 52 weeks, in comparison to a change of 0.23883796 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 $1.11. The 50-Day Moving Average of the stock is -15.19%, while the 200-Day Moving Average is calculated to be -33.81%.
Shares Statistics:
It appears that TLRY traded 35.24M shares on average per day over the past three months and 41239340 shares per day over the past ten days. A total of 937.65M shares are outstanding, with a floating share count of 931.17M. Insiders hold about 0.69% of the company’s shares, while institutions hold 9.87% stake in the company. Shares short for TLRY as of 1734048000 were 114533973 with a Short Ratio of 3.44, compared to 1731628800 on 123239358. Therefore, it implies a Short% of Shares Outstanding of 114533973 and a Short% of Float of 12.770000000000001.
