Tilray Brands (TSE:TLRY) Trading Up 14.6% – Here’s Why

Tilray Brands, Inc. (TSE:TLRYGet Free Report) traded up 14.6% during trading on Monday . The stock traded as high as C$2.04 and last traded at C$2.04. 1,135,762 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 1,400,244 shares. The stock had previously closed at C$1.78.

Tilray Brands Stock Up 9.6 %

The stock has a market cap of C$1.71 billion, a price-to-earnings ratio of -4.33 and a beta of 2.19. The business has a fifty day moving average of C$2.02 and a 200 day moving average of C$2.28. The company has a debt-to-equity ratio of 11.25, a current ratio of 2.27 and a quick ratio of 2.16.

About Tilray Brands

(Get Free Report)

Tilray Brands, Inc, a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Beverage Alcohol, Cannabis, Distribution, and Wellness.

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