Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Tilray Brands Inc’s stock clocked out at $0.48, down -2.09% from its previous closing price of $0.49. In other words, the price has decreased by $-2.09 from its previous closing price. On the day, 15.47 million shares were traded. TLRY stock price reached its highest trading level at $0.504 during the session, while it also had its lowest trading level at $0.4672.
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 1.61 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:
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 490763488 and an Enterprise Value of 543237376. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.17. Its current Enterprise Value per Revenue stands at 0.657 whereas that against EBITDA is 16.961.
Stock Price History:
The Beta on a monthly basis for TLRY is 1.97, which has changed by -0.805668 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. Over the past 52 weeks, TLRY has reached a high of $2.52, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is -25.72%, while the 200-Day Moving Average is calculated to be -63.63%.
Shares Statistics:
It appears that TLRY traded 37.74M shares on average per day over the past three months and 27015290 shares per day over the past ten days. 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 9.98% stake in the company. Shares short for TLRY as of 1744675200 were 173827869 with a Short Ratio of 4.61, compared to 1741910400 on 166289607. Therefore, it implies a Short% of Shares Outstanding of 173827869 and a Short% of Float of 17.54.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
