Tilray Brands Inc (TLRY) average volume reaches $29.29M: Is Wall Street expecting a rally?

On Monday, Tilray Brands Inc (NASDAQ: TLRY) opened higher 8.40% from the last session, before settling in for the closing price of $0.62. Price fluctuations for TLRY have ranged from $0.35 to $2.15 over the past 52 weeks.

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During the last 5-year period, the sales growth of Healthcare Sector giant was 36.51%. Company’s average yearly earnings per share was noted -264.28% at the time writing. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.04 billion.

Let’s determine the extent of company efficiency that accounts for 2650 employees. In terms of profitability, gross margin is 28.58%, operating margin of -87.77%, and the pretax margin is -115.2%.

Tilray Brands Inc (TLRY) Insider Activity

A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Tilray Brands Inc is 0.73%, while institutional ownership is 8.91%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -264.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 50.93% 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

Check out the current performance indicators for Tilray Brands Inc (TLRY). In the past quarter, the stock posted a quick ratio of 1.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.05, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.10 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 30.43 million, which is a drop from its year-to-date volume of 35.04 million. As of the previous 9 days, the stock’s Stochastic %D was 66.36%.

During the past 100 days, Tilray Brands Inc’s (TLRY) raw stochastic average was set at 66.53%, which indicates a significant decrease from 90.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0655 in the past 14 days, which was higher than the 0.0421 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.4672, while its 200-day Moving Average is $0.9287.

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