rts logo

Tilray Brands Inc (TLRY) Stock Could Soon Reward Patient Investors

Tilray Brands Inc (NASDAQ: TLRY) is -23.48% lower on its value in year-to-date trading and has touched a low of $1.60 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 $1.75 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $1.76, the stock is 3.10% and -4.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.21 million and changing 0.86% at the moment leaves the stock -9.24% off its SMA200. TLRY registered 7.32% gain for a year compared to 6-month loss of -22.81%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a -1.68% gain in the last 1 month and extending the period to 3 months gives it a -32.05%, and is 4.76% up 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 4.91% over the week and 3.78% over the month.

Tilray Brands Inc (TLRY) has around 1600 employees, a market worth around $1.45B and $743.25M in sales. Profit margin for the company is -47.35%. Distance from 52-week low is 10.00% and -48.24% 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 86.83% this year.

Tilray Brands Inc (TLRY) Top Institutional Holders

The shares outstanding are 825.84M, and float is at 820.97M with Short Float at 14.14%.

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).

Related Posts