At present, Tilray Brands Inc (TLRY) has a stock price of $0.65. In the previous session, the stock saw a rise, peaking at $1.5 after an opening price of $0.65. The day’s lowest price was $0.6, and it closed at $0.65.
Tilray Brands Inc ‘s stock market performance has been somewhat erratic.
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 -67.24% away from its 52-week high, while its distance from the 52-week low is 84.97%. The stock’s price range during this period has spanned from $0.35 to $1.98. In the Healthcare sector, the Tilray Brands Inc’s shares surpassed a trading volume of approximately 28.67 million for the day, which was noticeably lower compared to the average daily volume of 9.32.8 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 46.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 713.91M and boasts a workforce of 2842 employees.
A Closer Look at Analysts’ Ratings for Tilray Brands Inc
As of right now, 3 analysts are rating Tilray Brands Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 6 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 0.5211, with a change in price of +0.0042. Similarly, Tilray Brands Inc recorded 30,194,813 in trading volume during the last 100 days, posting a change of +0.65%.
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 0.22. Similarly, the long-term debt-to-equity ratio is also 0.20.
TLRY Stock Stochastic Average
Today’s raw stochastic average for Tilray Brands Inc over the last 50 days is 62.15%.This indicates a increase from the raw stochastic average of the past 20 days, which was 34.99%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 31.45% and 30.25%, respectively.
TLRY Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -64.16%.However, over the last six months, we can see a stronger performance of -38.80%. Over the last 30 days, the price of TLRY has fallen by 1.82%. And in the last five days, it has surged by 14.07%.
