Tilray Brands Inc (NASDAQ: TLRY) on Friday, soared 8.62% from the previous trading day, before settling in for the closing price of $1.16. Within the past 52 weeks, TLRY’s price has moved between $1.15 and $2.97.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 84.17%. The company achieved an average annual earnings per share of 62.53%. With a float of $897.04 million, this company’s outstanding shares have now reached $903.29 million.
Considering the fact that the conglomerate employs 2650 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
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 10.26%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 62.53% 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 1.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Tilray Brands Inc (TLRY)
Compared to the last year’s volume of 25.89 million, its volume of 29.83 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.21%. Additionally, its Average True Range was 0.08.
During the past 100 days, Tilray Brands Inc’s (TLRY) raw stochastic average was set at 12.37%, which indicates a significant decrease from 51.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.31% in the past 14 days, which was higher than the 52.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4438, while its 200-day Moving Average is $1.7557. Nevertheless, the first resistance level for the watch stands at $1.3133 in the near term. At $1.3667, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.4533. If the price goes on to break the first support level at $1.1733, it is likely to go to the next support level at $1.0867. Now, if the price goes above the second support level, the third support stands at $1.0333.
Tilray Brands Inc (NASDAQ: TLRY) Key Stats
Market capitalization of the company is 1.24 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.
