Tilray Brands Inc (NASDAQ: TLRY) is -54.17% lower on its value in year-to-date trading and has touched a low of $0.63 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 $0.65 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.61, the stock is -23.88% and -41.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 49.87 million and changing -6.30% at the moment leaves the stock -59.49% off its SMA200. TLRY registered -62.83% loss for a year compared to 6-month loss of -62.37%.
The stock witnessed a -39.04% gain in the last 1 month and extending the period to 3 months gives it a -53.11%, and is -12.17% 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 8.76% over the week and 8.33% over the month.
Tilray Brands Inc (TLRY) has around 2650 employees, a market worth around $571.59M and $829.22M in sales. Profit margin for the company is -30.02%. Distance from 52-week low is -3.92% and -79.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.54%).
with sales reaching $213.38M over the same period.The EPS is expected to grow by 44.08% this year, but quarterly earnings will post 13.48% year-over-year. Quarterly sales are estimated to grow 13.30% 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
The most recent transaction is an insider purchase by Merton Carl A, the company’s Chief 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.
