For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Tilray Brands Inc (NASDAQ: TLRY) closed the day trading at $0.46 down -21.23% from the previous closing price of $0.58. In other words, the price has decreased by -$21.23 from its previous closing price. On the day, 61.78 million shares were traded.
Ratios:
For a better understanding of TLRY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 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:
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.12.
Stock Price History:
Over the past 52 weeks, TLRY has reached a high of $2.77, while it has fallen to a 52-week low of $0.54. The 50-Day Moving Average of the stock is -41.70%, while the 200-Day Moving Average is calculated to be -67.19%.
Shares Statistics:
A total of 937.65M shares are outstanding, with a floating share count of 931.58M. Insiders hold about 0.65% of the company’s shares, while institutions hold 10.78% stake in the company.
