Tilray Brands Inc (NASDAQ: TLRY) on Friday, soared 1.69% from the previous trading day, before settling in for the closing price of $1.18. 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 43.93%. With a float of $931.17 million, this company’s outstanding shares have now reached $937.65 million.
Let’s look at the performance matrix of the company that is accounted for 2650 employees. In terms of profitability, gross margin is 25.57%, operating margin of -16.01%, and the pretax margin is -32.3%.
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 9.89%. 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.
Tilray Brands Inc (TLRY) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 43.93% per share during the next fiscal year.
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 1.58 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 1.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.31, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.09 in one year’s time.
Technical Analysis of Tilray Brands Inc (TLRY)
Tilray Brands Inc (NASDAQ: TLRY) saw its 5-day average volume 36.48 million, a negative change from its year-to-date volume of 44.66 million. As of the previous 9 days, the stock’s Stochastic %D was 10.19%. Additionally, its Average True Range was 0.09.
During the past 100 days, Tilray Brands Inc’s (TLRY) raw stochastic average was set at 7.50%, which indicates a significant decrease from 13.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.76% in the past 14 days, which was higher than the 58.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3388, while its 200-day Moving Average is $1.6974. Nevertheless, the first resistance level for the watch stands at $1.2267 in the near term. At $1.2533, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2767. If the price goes on to break the first support level at $1.1767, it is likely to go to the next support level at $1.1533. The third support level lies at $1.1267 if the price breaches the second support level.
Tilray Brands Inc (NASDAQ: TLRY) Key Stats
Market capitalization of the company is 1.13 billion based on 937,655K outstanding shares. Right now, sales total 788,940 K and income totals -244,980 K. The company made 210,950 K in profit during its latest quarter, and -85,280 K in sales during its previous quarter.
