Tilray Brands Inc (NASDAQ: TLRY) on Friday, plunged -0.68% from the previous trading day, before settling in for the closing price of $1.46. Within the past 52 weeks, TLRY’s price has moved between $1.14 and $2.97.
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Annual sales at Healthcare sector company grew by 43.58% over the past five years. 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.
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 and Institutional Ownership
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 10.27%. 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) Latest Financial update
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 1.60.
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)
Tilray Brands Inc (NASDAQ: TLRY) saw its 5-day average volume 43.95 million, a negative change from its year-to-date volume of 49.34 million. As of the previous 9 days, the stock’s Stochastic %D was 70.09%. Additionally, its Average True Range was 0.10.
During the past 100 days, Tilray Brands Inc’s (TLRY) raw stochastic average was set at 36.90%, which indicates a significant decrease from 79.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.43% in the past 14 days, which was higher than the 56.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4144, while its 200-day Moving Average is $1.7430. Nevertheless, the first resistance level for the watch stands at $1.4833 in the near term. At $1.5167, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5433. If the price goes on to break the first support level at $1.4233, it is likely to go to the next support level at $1.3967. The third support level lies at $1.3633 if the price breaches the second support level.
Tilray Brands Inc (NASDAQ: TLRY) Key Stats
Market capitalization of the company is 1.30 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.
