Tilray Brands Inc (NASDAQ: TLRY) is -69.49% lower on its value in year-to-date trading and has touched a low of $0.35 and a high of $2.15 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 $0.54 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.5, the stock is 20.66% and 15.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 47.79 million and changing -6.55% at the moment leaves the stock -48.88% off its SMA200. TLRY registered -62.15% loss for a year compared to 6-month loss of -62.15%. The firm has a 50-day simple moving average (SMA 50) of $0.4356 and a 200-day simple moving average (SMA200) of $0.98475.
The stock witnessed a 23.05% gain in the last 1 month and extending the period to 3 months gives it a -18.53%, and is 25.63% 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 11.40% over the week and 7.41% over the month.
Tilray Brands Inc (TLRY) has around 2650 employees, a market worth around $522.59M and $826.66M in sales. Profit margin for the company is -114.40%. Distance from 52-week low is 43.54% and -76.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.07%).
with sales reaching $250.41M over the same period.The EPS is expected to shrink by -288.86% this year, but quarterly earnings will post 7.75% year-over-year. Quarterly sales are estimated to grow 8.93% in year-over-year returns.
Tilray Brands Inc (TLRY) Top Institutional Holders
402.0 institutions hold shares in Tilray Brands Inc (TLRY), with institutional investors hold 10.17% of the company’s shares. The shares outstanding are 1.04B, and float is at 1.03B with Short Float at 19.42%. Institutions hold 10.10% of the Float.
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 1.0564 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 5.68 million shares representing 0.716% and valued at over $9.43 million, while MORGAN STANLEY holds 0.6373 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’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.