Tilray Brands Inc (NASDAQ: TLRY) On Monday, started off the session at the price of On Monday, remained unchanged from the previous trading day, before settling in for the closing price of $1.34. Within the past 52 weeks, TLRY’s price has moved between $1.28 and $2.97.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 84.17%. The company achieved an average annual earnings per share of 62.26%. With a float of $897.04 million, this company’s outstanding shares have now reached $903.29 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Drug Manufacturers – Specialty & Generic industry stocks is more important than anything else. The insider ownership of Tilray Brands Inc is 0.69%, while institutional ownership is 10.29%. The most recent insider transaction that took place on Nov 15 ’24, was worth 35,360. In this transaction Chief Financial Officer of this company bought 26,000 shares at a rate of $1.36, taking the stock ownership to the 26,000 shares. Before that another transaction happened on Jan 17 ’24, when Company’s Chief Strategy Officer bought 10,000 for $2.05, making the entire transaction worth $20,500. This insider now owns 293,269 shares in total.
Tilray Brands Inc (TLRY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 62.26% 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
Tilray Brands Inc (TLRY) is currently performing well based on its current performance indicators. A quick ratio of 1.57 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46.
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 -0.07 in one year’s time.
Technical Analysis of Tilray Brands Inc (TLRY)
Looking closely at Tilray Brands Inc (NASDAQ: TLRY), its last 5-days average volume was 22.03 million, which is a drop from its year-to-date volume of 25.46 million. As of the previous 9 days, the stock’s Stochastic %D was 41.18%. Additionally, its Average True Range was 0.08.
During the past 100 days, Tilray Brands Inc’s (TLRY) raw stochastic average was set at 6.90%, which indicates a significant decrease from 26.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.98% in the past 14 days, which was lower than the 53.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5672, while its 200-day Moving Average is $1.7907. However, in the short run, Tilray Brands Inc’s stock first resistance to watch stands at $1.3600. Second resistance stands at $1.3800. The third major resistance level sits at $1.4000. If the price goes on to break the first support level at $1.3200, it is likely to go to the next support level at $1.3000. Should the price break the second support level, the third support level stands at $1.2800.
Tilray Brands Inc (NASDAQ: TLRY) Key Stats
Market capitalization of the company is 1.18 billion based on 903,286K outstanding shares. Right now, sales total 788,940 K and income totals -244,980 K. The company made 200,040 K in profit during its latest quarter, and -39,170 K in sales during its previous quarter.
