Tilray Brands Inc (NASDAQ: TLRY) is -47.81% lower on its value in year-to-date trading and has touched a low of $0.68 and a high of $2.97 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 $0.68 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.69, the stock is -21.92% and -36.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 34.27 million and changing 1.57% at the moment leaves the stock -54.88% off its SMA200. TLRY registered -59.88% loss for a year compared to 6-month loss of -59.17%.
The stock witnessed a -33.90% gain in the last 1 month and extending the period to 3 months gives it a -49.34%, and is -13.99% 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 8.56% over the week and 8.51% over the month.
Tilray Brands Inc (TLRY) has around 2650 employees, a market worth around $650.82M and $829.22M in sales. Profit margin for the company is -30.02%. Distance from 52-week low is 2.07% and -76.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.54%).
with sales reaching $213.78M over the same period.The EPS is expected to grow by 43.93% this year, but quarterly earnings will post 13.58% year-over-year. Quarterly sales are estimated to grow 13.51% in year-over-year returns.
Tilray Brands Inc (TLRY) Top Institutional Holders
The shares outstanding are 937.65M, and float is at 931.58M with Short Float at 15.14%.
The top institutional shareholder in the company is TOROSO INVESTMENTS, LLC with over 11.01 million shares valued at $18.28 million. The investor’s holdings represent 1.3875% of the TLRY Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 8.38 million shares valued at $$13.92 million to account for 1.1113 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 5.68 million shares representing 0.7533% and valued at over $9.43 million, while MORGAN STANLEY holds 0.6274 of the shares totaling 4.73 million with a market value of $7.86 million.
Tilray Brands Inc (TLRY) Insider Activity
A total of 0 insider transactions have happened at Tilray Brands Inc (TLRY) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Merton Carl A,the company’sChief Financial Officer. SEC filings show that Merton Carl A bought 26,000 shares of the company’s common stock on Nov 15 ’24 at a price of $1.36 per share for a total of $35360.0. Following the purchase, the insider now owns 26000.0 shares.
Tilray Brands Inc (TLRY): Who are the competitors?
The company’s main competitors (and peers) include Global Tech Industries Group Inc. (GTII) that is trading -60.00% down over the past 12 months. Trulite Inc. (TRUL) that is 0.00% lower over the same period.
