Tilray Brands Inc (NASDAQ: TLRY) kicked off on November 20, 2023, at the price of $1.84, down -0.82% from the previous trading day. During the day, the shares moved up to $1.88 and dropped to $1.81 before settling in for the closing price of $1.83. Over the past 52 weeks, TLRY has traded in a range of $1.50-$5.12.
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 98.21%. While this was happening, its average annual earnings per share was recorded 91.32%. With a float of $720.32 million, this company’s outstanding shares have now reached $730.29 million.
The extent of productivity of a business whose workforce counts for 1600 workers is very important to gauge. In terms of profitability, gross margin is +8.53, operating margin of -29.45, and the pretax margin is -231.24.
Tilray Brands Inc (TLRY) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Tilray Brands Inc is 1.36%, while institutional ownership is 13.80%.
Tilray Brands Inc (TLRY) Latest Financial update
In the latest quarterly report, which was put into the public domain on 8/30/2023, the organization reported -$0.1 earnings per share (EPS), lower than consensus estimate (set at -$0.05) by -$0.05. This company achieved a net margin of -231.64 while generating a return on equity of -37.66. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 91.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.00% during the next five years compared to -23.57% drop over the previous five years of trading.
Tilray Brands Inc (NASDAQ: TLRY) Trading Performance Indicators
Take a look at Tilray Brands Inc’s (TLRY) current performance indicators. Last quarter, stock had a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.04. Likewise, its price to free cash flow for the trailing twelve months is 79.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.33, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.12 in one year’s time.
Technical Analysis of Tilray Brands Inc (TLRY)
The latest stats from [Tilray Brands Inc, TLRY] show that its last 5-days average volume of 12.85 million was inferior to 19.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 59.83%. Additionally, its Average True Range was 0.12.
During the past 100 days, Tilray Brands Inc’s (TLRY) raw stochastic average was set at 15.69%, which indicates a significant decrease from 53.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.88% in the past 14 days, which was lower than the 93.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0876, while its 200-day Moving Average is $2.2796. Now, the first resistance to watch is $1.8600. This is followed by the second major resistance level at $1.9050. The third major resistance level sits at $1.9300. If the price goes on to break the first support level at $1.7900, it is likely to go to the next support level at $1.7650. The third support level lies at $1.7200 if the price breaches the second support level.
Tilray Brands Inc (NASDAQ: TLRY) Key Stats
The company with the Market Capitalisation of 1.33 billion has total of 730,290K Shares Outstanding. Its annual sales at the moment are 627,120 K in contrast with the sum of -1,453 M annual income. Company’s last quarter sales were recorded 176,950 K and last quarter income was -71,530 K.