On Monday, Tilray Brands Inc (NASDAQ: TLRY) opened lower -0.28% from the last session, before settling in for the closing price of $1.79. Price fluctuations for TLRY have ranged from $1.60 to $3.40 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 84.17%. Company’s average yearly earnings per share was noted 70.20% at the time writing. With a float of $837.00 million, this company’s outstanding shares have now reached $842.96 million.
The extent of productivity of a business whose workforce counts for 2650 workers is very important to gauge.
Tilray Brands Inc (TLRY) Insider Updates
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Tilray Brands Inc is 0.71%, while institutional ownership is 10.45%. The most recent insider transaction that took place on Jan 17 ’24, was worth 20,500. In this transaction Chief Strategy Officer of this company bought 10,000 shares at a rate of $2.05, taking the stock ownership to the 293,269 shares. Before that another transaction happened on Jan 16 ’24, when Company’s Global General Counsel bought 7,200 for $1.98, making the entire transaction worth $14,256. This insider now owns 195,796 shares in total.
Tilray Brands Inc (TLRY) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 70.20% 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 36.51% growth over the previous five years of trading.
Tilray Brands Inc (NASDAQ: TLRY) Trading Performance Indicators
Check out the current performance indicators for Tilray Brands Inc (TLRY). In the past quarter, the stock posted a quick ratio of 1.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.06 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 19.57 million was inferior to 25.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.43%. Additionally, its Average True Range was 0.13.
During the past 100 days, Tilray Brands Inc’s (TLRY) raw stochastic average was set at 19.39%, which indicates a significant decrease from 43.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.43% in the past 14 days, which was lower than the 96.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7884, while its 200-day Moving Average is $1.9008. Now, the first resistance to watch is $1.9100. This is followed by the second major resistance level at $2.0350. The third major resistance level sits at $2.2400. If the price goes on to break the first support level at $1.5800, it is likely to go to the next support level at $1.3750. Assuming the price breaks the second support level, the third support level stands at $1.2500.
Tilray Brands Inc (NASDAQ: TLRY) Key Stats
There are currently 774,029K shares outstanding in the company with a market cap of 1.50 billion. Presently, the company’s annual sales total 788,940 K according to its annual income of -244,980 K. Last quarter, the company’s sales amounted to 229,880 K and its income totaled -31,750 K.
