Taking the lead: Tilray Brands Inc (TLRY)

With 21.34 million shares changed hands, the volume of the stock remained heavier than its average volume of 19.24 million shares. During the session, the Drug Manufacturers – Specialty & Generic company that operates in wider Healthcare sector, reached to the highest price of $1.87 whereas the lowest price it dropped to was $1.79. The 52-week range on TLRY shows that it touched its highest point at $2.97 and its lowest point at $1.50 during that stretch. It currently has a 1-year price target of $2.39. Beta for the stock currently stands at 2.13.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TLRY was up-trending over the past week, with a rise of 4.65%, but this was down by -6.74% over a month. Three-month performance surged to 6.51% while six-month performance fell -6.25%. The stock lost -29.69% in the past year, while it has lost -21.74% so far this year. A look at the trailing 12-month EPS for TLRY yields -0.33 with Next year EPS estimates of -0.06. For the next quarter, that number is -0.04. This implies an EPS growth rate of 71.45% for this year and 35.08% for next year. EPS is expected to grow by 37.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 36.51%.

Float and Shares Shorts:

At present, 842.96 million TLRY shares are outstanding with a float of 837.12 million shares on hand for trading. On 2024-08-30, short shares totaled 101.55 million, which was 1205.0 higher than short shares on 1722384000. In addition to Mr. Irwin David Simon as the firm’s President, CEO & Chairman, Mr. Carl A. Merton CA, CBV, CPA serves as its CFO & Principal Accounting Officer.

Institutional Ownership:

Through their ownership of 0.11652 of TLRY’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-05-31, TLRY reported revenue of $229882000.0 and operating income of -$10681000.0. The EBITDA in the recently reported quarter was -$19125000.0 and diluted EPS was -$0.04.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TLRY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.