Tilray Brands (TSE:TLRY) Shares Down 2.1%

Tilray Brands, Inc. (TSE:TLRY)’s stock price traded down 2.1% during trading on Friday . The stock traded as low as C$2.30 and last traded at C$2.31. 60,486 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 1,785,857 shares. The stock had previously closed at C$2.36.

Tilray Brands Stock Performance

The company has a debt-to-equity ratio of 14.41, a quick ratio of 2.16 and a current ratio of 1.92. The firm has a market cap of C$1.87 billion, a P/E ratio of -3.78 and a beta of 2.38. The firm’s fifty day moving average price is C$2.53 and its 200 day moving average price is C$2.64.

Tilray Brands Company Profile

Tilray Brands, Inc 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: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business.