Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential 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 13.33%. The stock’s price range over this period has fluctuated between $1.50 and $3.40. The company, operating within the financial sector, had a trading volume of approximately 23.55 million for the day, which was noticeably higher than the average daily share volume of 22.72 million over the last 3 months.
Tilray Brands Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $3.40 on 09/05/23 and the lowest value was $1.50 on 06/21/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Tilray Brands Inc (TLRY) has experienced a quarterly decline of -7.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.26B and boasts a workforce of 1600 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9005, with a change in price of -0.3100. Similarly, Tilray Brands Inc recorded 18,600,752 in trading volume during the last 100 days, posting a change of -15.42%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TLRY stands at 0.16. 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 10.64%, indicating a decline from the raw stochastic average of the last 20 days, which was 28.57%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 15.29% and 10.75% respectively.
TLRY Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -26.09% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -42.57%. Over the past 30 days, the price of TLRY has leaped by -10.05%. And in the last five days, it has fallen by -1.73%.
