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TLRY Stock: Exploring Tilray Brands Inc.’s Growth

The stock price for Tilray Brands Inc. (TLRY) currently stands at $2.56. The stock experienced a substantial increase in the last session, hitting $2.91 after starting at $2.90. The stock’s lowest price was $2.53 before closing at $2.93.

Tilray Brands Inc. experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $5.12 on 12/05/22, while the lowest price for the same period was registered at $1.50 on 06/21/23.

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52-week price history of TLRY Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Tilray Brands Inc.’s current trading price is -50.00% away from its 52-week high, while its distance from the 52-week low is 70.67%. The stock’s price range during this period has spanned from $1.50 to $5.12. In the Healthcare sector, the Tilray Brands Inc.’s shares surpassed a trading volume of approximately 58.94 million for the day, which was noticeably higher compared to the average daily volume of 9.30.35 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Tilray Brands Inc. (TLRY) has experienced a quarterly rise of 64.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.83B and boasts a workforce of 1600 employees.

A Closer Look at Analysts’ Ratings for Tilray Brands Inc.

As of right now, 4 analysts are rating Tilray Brands Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.21, with a change in price of +0.32. Similarly, Tilray Brands Inc. recorded 25,243,191 in trading volume during the last 100 days, posting a change of +14.29%.

Examining TLRY’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TLRY stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.11.

TLRY Stock Stochastic Average

Today, Tilray Brands Inc.’s raw stochastic average for the past 50 days stands at 53.07%, indicating a rise from the raw stochastic average of the last 20 days, which was 28.81%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 51.13% and 58.10% respectively.

TLRY Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -4.83%. However, over the past six months, we’ve seen a stronger performance of -1.92%. The price of TLRY leaped by -3.76% over the last 30 days. And in the last five days, it has fallen by -22.66%.

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