Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Tilray Brands Inc (NASDAQ: TLRY) was $1.17 for the day, down -2.50% from the previous closing price of $1.20. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 52.6 million shares were traded. TLRY stock price reached its highest trading level at $1.21 during the session, while it also had its lowest trading level at $1.16.
Ratios:
Our analysis of TLRY’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1120767616 and an Enterprise Value of 1351191168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at 1.664 whereas that against EBITDA is 43.415.
Stock Price History:
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 -11.82%, while the 200-Day Moving Average is calculated to be -30.73%.
Shares Statistics:
TLRY traded an average of 33.91M shares per day over the past three months and 43419780 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 9.89% stake in the company. Shares short for TLRY as of 1734048000 were 114533973 with a Short Ratio of 3.57, compared to 1731628800 on 123239358. Therefore, it implies a Short% of Shares Outstanding of 114533973 and a Short% of Float of 12.770000000000001.
