Tilray Brands Inc (NASDAQ: TLRY) is -20.43% lower on its value in year-to-date trading and has touched a low of $1.50 and a high of $3.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TLRY stock was last observed hovering at around $1.78 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $1.83, the stock is -17.97% and -6.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 38.33 million and changing 2.81% at the moment leaves the stock -12.02% off its SMA200. TLRY registered -22.78% loss for a year compared to 6-month loss of -8.96%.
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The stock witnessed a 5.78% gain in the last 1 month and extending the period to 3 months gives it a -12.44%, and is -10.95% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.84% over the week and 11.43% over the month.
Tilray Brands Inc (TLRY) has around 1600 employees, a market worth around $1.42B and $743.25M in sales. Profit margin for the company is -47.35%. Distance from 52-week low is 22.00% and -46.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.45%).
The EPS is expected to grow by 88.10% this year.
Tilray Brands Inc (TLRY) Top Institutional Holders
The shares outstanding are 774.03M, and float is at 763.68M with Short Float at 15.25%.
Tilray Brands Inc (TLRY) Insider Activity
The most recent transaction is an insider purchase by FALTISCHEK DENISE M,the company’sChief Strategy Officer. SEC filings show that FALTISCHEK DENISE M bought 10,000 shares of the company’s common stock on Jan 17 ’24 at a price of $2.05 per share for a total of $20500.0. Following the purchase, the insider now owns 0.29 million shares.
Tilray Brands Inc disclosed in a document filed with the SEC on Jan 16 ’24 that Gendel Mitchell (Global General Counsel) bought a total of 7,200 shares of the company’s common stock. The trade occurred on Jan 16 ’24 and was made at $1.98 per share for $14256.0. Following the transaction, the insider now directly holds 0.2 million shares of the TLRY stock.
Still, SEC filings show that on Jan 12 ’24, SIMON IRWIN D (President and CEO) acquired 53,700 shares at an average price of $1.88 for $0.1 million. The insider now directly holds 2,033,058 shares of Tilray Brands Inc (TLRY).
