Tilray Brands Inc (NASDAQ: TLRY) kicked off on Tuesday, up 8.23% from the previous trading day, before settling in for the closing price of $1.58. Over the past 52 weeks, TLRY has traded in a range of $1.45-$2.97.
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Annual sales at Healthcare sector company grew by 84.17% over the past five years. While this was happening, its average annual earnings per share was recorded 64.19%. With a float of $897.06 million, this company’s outstanding shares have now reached $903.29 million.
Let’s look at the performance matrix of the company that is accounted for 2650 employees. In terms of profitability, gross margin is 24.41%, operating margin of -16.29%, and the pretax margin is -28.84%.
Tilray Brands Inc (TLRY) Insider Updates
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 0.69%, while institutional ownership is 9.20%. 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
In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported -0.07 earnings per share (EPS), lower than consensus estimate (set at -0.06) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 64.19% 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
Take a look at Tilray Brands Inc’s (TLRY) current performance indicators. Last quarter, stock had a quick ratio of 1.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, 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)
Tilray Brands Inc (NASDAQ: TLRY) saw its 5-day average volume 18.82 million, a negative change from its year-to-date volume of 25.12 million. As of the previous 9 days, the stock’s Stochastic %D was 70.94%. Additionally, its Average True Range was 0.07.
During the past 100 days, Tilray Brands Inc’s (TLRY) raw stochastic average was set at 37.14%, which indicates a significant decrease from 81.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.17% in the past 14 days, which was lower than the 45.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7283, while its 200-day Moving Average is $1.8538. Nevertheless, the first resistance level for the watch stands at $1.7687 in the near term. At $1.8273, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9247. If the price goes on to break the first support level at $1.6127, it is likely to go to the next support level at $1.5153. Assuming the price breaks the second support level, the third support level stands at $1.4567.
Tilray Brands Inc (NASDAQ: TLRY) Key Stats
The company with the Market Capitalisation of 1.54 billion has total of 774,029K Shares Outstanding. Its annual sales at the moment are 788,940 K in contrast with the sum of -244,980 K annual income. Company’s last quarter sales were recorded 200,040 K and last quarter income was -39,170 K.
