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After finishing at $1.70 in the prior trading day, Tilray Brands Inc (NASDAQ: TLRY) closed at $1.71, up 0.59%. In other words, the price has increased by $0.59 from its previous closing price. On the day, 14.33 million shares were traded. TLRY stock price reached its highest trading level at $1.72 during the session, while it also had its lowest trading level at $1.68.
Ratios:
Our goal is to gain a better understanding of TLRY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 2.27. 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 Jan 17 ’24 when FALTISCHEK DENISE M bought 10,000 shares for $2.05 per share. The transaction valued at 20,500 led to the insider holds 293,269 shares of the business.
Gendel Mitchell bought 7,200 shares of TLRY for $14,256 on Jan 16 ’24. The Global General Counsel now owns 195,796 shares after completing the transaction at $1.98 per share. On Jan 12 ’24, another insider, Gendel Mitchell, who serves as the Global General Counsel of the company, bought 5,400 shares for $1.87 each. As a result, the insider paid 10,098 and bolstered with 188,596 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 1441465088 and an Enterprise Value of 1568531584. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 1.988 whereas that against EBITDA is 51.288.
Stock Price History:
Over the past 52 weeks, TLRY has reached a high of $3.40, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is -5.78%, while the 200-Day Moving Average is calculated to be -10.32%.
Shares Statistics:
The stock has traded on average 18.04M shares per day over the past 3-months and 20224260 shares per day over the last 10 days, according to various share statistics. A total of 842.96M shares are outstanding, with a floating share count of 837.00M. Insiders hold about 0.71% of the company’s shares, while institutions hold 9.85% stake in the company. Shares short for TLRY as of 1723680000 were 99507381 with a Short Ratio of 5.52, compared to 1721001600 on 120807233. Therefore, it implies a Short% of Shares Outstanding of 99507381 and a Short% of Float of 11.85.
