Tilray Brands (TSE:TLRY) Reaches New 1-Year Low – Here’s What Happened

Tilray Brands, Inc. (TSE:TLRY)’s share price reached a new 52-week low during mid-day trading on Monday. The company traded as low as C$3.86 and last traded at C$3.87, with a volume of 81,727 shares trading hands. The stock had previously closed at C$3.94.

Tilray Brands Price Performance

The company has a quick ratio of 2.15, a current ratio of 1.88 and a debt-to-equity ratio of 22.91. The company has a market capitalization of C$564.55 million, a price-to-earnings ratio of -2.71 and a beta of 3.26. The stock’s 50-day simple moving average is C$5.58 and its two-hundred day simple moving average is C$6.65.

Tilray Brands Company Profile

Tilray Brands, Inc (‘Tilray’) (Nasdaq: TLRY; TSX: TLRY), is a global lifestyle and consumer packaged goods company at the forefront of beverage, cannabis and wellness industries with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray’s mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy, wellness and create memorable experiences.